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Two bad things happen in a deflation.
We are in a deflation situation at the moment.
Sensible people do not want to borrow in a deflation so credit demand and, hence, interest rates are low.
A deposit of archaeological stone artifacts and bones, the Lake Arturo 1 archaeological site, is located in a deflation hollow near the top of the aeolian sequence.
The envy of the world in the 1980s, Japan suffered a real estate and stock market collapse that left it mired in a deflation trap, with falling prices and an economy alternating between anemic growth and contraction.
In a deflation the opposite will be true.
Similar(50)
I don't think we'll get into a deflation scenario in 2009.
Dramatic drops in the price of solar power as fossil fuel extraction costs rise, combined with a massive global market for cheap energy, could likely trigger a deflation in the price of energy, says a new investment bank analysis.
If there is allelic heterogeneity or compound heterozygosity within a pedigree, linkage analysis will facilitate the mapping without a deflation in the LOD score compared with the MLOD/EMLOD score.
It's not just prices of things people buy that fall in a generalized deflation.
The effect overall is unpredictable, restless and, apart from a couple of places where the lack of conventional structure results in a slight deflation of pace, thrilling theatre.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com