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Deflation Definition

(noun)
definitions

the action or process of deflating or being deflated


examples

the deflation of the illusion that the 1960s were a perpetual party

(noun)
definitions

reduction of the general level of prices in an economy


examples

a time of high unemployment and deflation

a long deflation lasted until about 1896

(noun)
definitions

the removal of particles of rock, sand, etc. by the wind


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