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deflationary spiral

English Thesaurus

1. an episode of deflation in which prices and wages decrease at an increasing rate and currency gains in value (noun.process)
:spiral,
definition:a continuously accelerating change in the economy (noun.process)
:inflationary spiral,
definition:an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value (noun.process)
:inflationary spiral,
definition:an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value (noun.process)

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