http://www.economicshelp.org/blog/recession/difference-between-recession-and-deflation/ Economics Blog - current events and economics essays Wed, 10 Mar 2010 10:42:47 +0000 http://wordpress.org/?v=2.9.1 hourly 1 http://www.economicshelp.org/blog/recession/difference-between-recession-and-deflation/comment-page-1/#comment-3045 Ralph Musgrave Thu, 26 Mar 2009 17:27:17 +0000 http://www.economicshelp.org/blog/?p=1460#comment-3045 I have a slight quibble with the above definition of deflation. Any definition should include the point that the word "deflationary" does not necessarily apply to a scenario where prices are falling. "Deflationary" is often used to refer to a policy or event which dampens or reduces economic activity (but not necessarily to the extent to causing prices to fall). I have a slight quibble with the above definition of deflation. Any definition should include the point that the word “deflationary” does not necessarily apply to a scenario where prices are falling. “Deflationary” is often used to refer to a policy or event which dampens or reduces economic activity (but not necessarily to the extent to causing prices to fall).

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