"deflate" is a correctly spelled and properly used word in written English.
It is typically used as a verb meaning to reduce or lessen the power or importance of something or someone. For example, "The government's decision to cut taxes deflated the inflation rate by two percent."
[the ability to deflate currency] is certainly a factor that can boost economic growth.
When the drop in global demand caused balance-of-payments crises in countries around the world due to gold outflows, they were forced to use fiscal and monetary means to deflate their economies to protect the fixed value of their currencies (they also resorted to tariffs).This amplified the recession into a depression.
This would pump up German power within the EU and deflate the power of small and medium-sized countries.
It therefore opted to "lean against the wind", in central bankers' parlance, and deflate the credit boom before it burst catastrophically.It seems instead to have taken the air out of everything but exuberant markets.
Unofficially, he may have wanted to deflate a potential rival.
Britain drove its economy into the muck in the 1920s trying to deflate enough to return to gold at the prewar parity.
Higher oil prices will deflate demand, but they are unlikely to lead to lower prices.
Loan losses from a prolonged downturn could quickly deflate that cushion; so too could losses on the banks' hoard of toxic securities, estimated in some quarters to exceed $1 trillion.German banks also fear the effects of credit downgrades among their corporate clients.
New Labour hoped the offer of a Scottish Parliament would deflate the Scottish National Party, which wants Scotland to break free from the United Kingdom.At first the offer seemed to backfire.
That could deflate the protests, and give MIR and other old-style parties a chance of survival.
It looks as though the central bank, which raised interest rates twice in 2003 but not at all in 2004, has managed delicately to deflate the bubble without causing a crash.The early birdBut what of the wider economy?
