deflationist Definition
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deflation
noun
- 1. The act of deflating or the process of being deflated.
2. The state of being or feeling deflated.
3. econ.
- A reduction in the amount of money available in a country, resulting in lower levels of economic activity, industrial output and employment, and a lower rate of increase in wages and prices. See also inflation, reflation, stagflation.
adj
noun, adj
