| 释义 |
slumpflation Econ.|slʌmpˈfleɪʃən|
[Portmanteau blend of slump n.2 + inflation 6: cf. stagflation.]
A state of economic depression in which decreasing output and employment in industry are accompanied by increasing inflation.
1974W. Rees-Mogg Reigning Error iv. 75 So-called stagflation and slumpflation are the inevitable reflection of the progressive divergence between a rising nominal and a falling real supply of money. 1976Economic Jrnl. LXXXVI. 171 Chronic slumpflation has given rise to much agonising reappraisal of doctrines that were hardening into orthodoxies. 1980Economist 23 Feb. 13/1 The government can get less slumpflation in British industry only by making life easier for the employers' wage negotiators. 1981J. Sutherland Bestsellers xix. 201 Portugal wallows in the slumpflation that will eventually lead to fascism. |