Deflation - The rate at which the general level of prices for goods and services is falling. The opposite of inflation.
Deflation is the opposite to inflation and means that the money you have today will be worth more tomorrow. Unfortunately, it isn"t as good as it sounds, because it makes people reluctant to spend, which is harmful for the economy. It is also very uncommon.
An economic situation in which there is a general fall in the level of prices.
Deflation : the rate at which the general level of prices for goods and services is falling. the opposite of inflation.
deflation is the opposite to inflation and means that the money you have today will be worth more tomorrow. unfortunately, it isn"t as good as it sounds, because it makes people reluctant to spend, which is harmful for the economy. it is also very uncommon.
an economic situation in which there is a general fall in the level of prices.
Deflation