Inflation vs. Deflation

Inflationnoun

An act, instance of, or state of expansion or increase in size, especially by injection of a gas.

Inflationnoun

(economics) An increase in the general level of prices or in the cost of living.

Inflationnoun

(economics) A decline in the value of money.

Inflationnoun

(economics) An increase in the quantity of money, leading to a devaluation of existing money.

Inflationnoun

Undue expansion or increase, as of academic grades.

Inflationnoun

(cosmology) An extremely rapid expansion of the universe, theorised to have occurred very shortly after the big bang.

Inflationnoun

The act or process of inflating, or the state of being inflated, as with air or gas; distention; expansion; enlargement.

Inflationnoun

The state of being puffed up, as with pride; conceit; vanity.

Inflationnoun

Persistent expansion or increase in the general level of prices, usually caused by overissue of currency, and resulting in a reduced value of the currency. It is contrasted with deflation, and is when it occurs to a very high degree is called hyperinflation.

Inflationnoun

a general and progressive increase in prices;

Inflationnoun

(cosmology) a brief exponential expansion of the universe (faster than the speed of light) postulated to have occurred shortly after the big bang

Inflationnoun

lack of elegance as a consequence of being pompous and puffed up with vanity

Inflationnoun

the act of filling something with air

Inflation

In economics, inflation (or less frequently, price inflation) is a general rise in the price level of an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy.

Deflationnoun

An act or instance of deflating.

Deflationnoun

(economics) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.

Deflationnoun

An economic contraction.

Deflationnoun

the act or process of deflating.

Deflationnoun

a fall in the average prices of goods and services; - usually associated with contraction of economic activity. Opposite of inflation. Compare disinflation.

Deflationnoun

the reduction of available credit or a contraction of economic activity resulting from or associated with a decline of prices.

Deflationnoun

the act of letting the air out of something.

Deflationnoun

the erosion of land structures such as sand or soil due to the action of wind.

Deflationnoun

(geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind;

Deflationnoun

a general and progressive increase in prices;

Deflationnoun

the act of letting the air out of something

Deflation

In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate).