deflationary spiral
A1A2B1B2C1C2
/dɪˈfleɪʃəˌnɛri ˈspaɪrəl/
/diːˈfleɪʃənəri ˈspaɪərəl/
GeneralEconomics
- 1 deflasyon sarmalı, deflasyonist sarmal countable
Definition (English)
A downward economic cycle where falling prices lead to lower production and wages, causing prices to fall further.
Example Sentences
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The economy entered a deflationary spiral.Ekonomi bir deflasyon sarmalına girdi.
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A deflationary spiral is hard to escape.Deflasyon sarmalından kurtulmak zordur.