Library / English Dictionary

    DEFLATIONARY SPIRAL

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    An episode of deflation in which prices and wages decrease at an increasing rate and currency gains in valueplay

    Classified under:

    Nouns denoting natural processes

    Hypernyms ("deflationary spiral" is a kind of...):

    spiral (a continuously accelerating change in the economy)

    Antonym:

    inflationary spiral (an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value)

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