单词 | reflation |
释义 | reflationn. Economics. The reversing or countering of deflation (deflation n. 3); spec. (a) (occasionally) the restoration of currency or prices to pre-deflation levels; (b) the stimulation of activity in an economy by monetary or fiscal means. Also: the fact of returning from a deflationary state to one of expansion or inflation. ΘΚΠ society > trade and finance > management of money > management of national resources > [noun] > political economy > states or trends of the economy inflation1821 economic cycle1832 recovery1843 downdraught1852 perfect competition1853 downturn1858 softness1872 slump1888 downtrend1890 sag1891 under-consumption1895 recession1905 downdrift1906 economic recession1908 air pocket1913 stickiness1913 trough1916 deflation1920 downswing1922 slowdown1922 scissors1924 scissors crisis1925 uptrend1926 reflation1932 depresh1933 upswing1934 stagnation1938 countercycle1944 fiscal cliff1957 turn-down1957 stagflation1965 soft landing1973 slumpflation1974 downer1976 1932 Economist 13 Feb. 342/1 We see no insuperable difficulty in this country's giving a definite lead towards ‘reflation’ of the price level, without undue regard to the exchange with such few countries as are effectively ‘on gold’. 1933 Daily Tel. 24 Apr. 11/3 The fight in Congress to beat depression by inflation—reflation, as some call it—grows more heated. 1940 G. Crowther Outl. Money iii. 116 We can think of ‘reflation’ as being restricted to a rise of prices that merely restores the status quo ante—the position before the start of the preceding deflation—and inflation to any further rise in prices after this point. 1971 New Scientist 10 June 606/1 A reflation stimulus is urgently needed now to fill the yawning gap in consumer demand. 1994 K. Perry Business & European Community ix. 184 François Mitterand decided that Keynesian reflation was not the right policy for France when the rest of the EC was bent on contractionary policies. 2002 Foreign Policy July–Aug. 32/1 There are real risks if reflation and growth in Japan are not achieved. This entry has been updated (OED Third Edition, September 2009; most recently modified version published online March 2022). < n.1932 |
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