Examples from the Web for deflation
The basic idea behind austerity is that deflation via government cuts will rein in budget deficits and sovereign debt.
Deflation also means that the economy adjusts to real shocks in the most disruptive way possible.
I join most economists in thinking that deflation is bad, and it will be good if Japan can stop it.
But if inflation is negative--i.e., if they have deflation--then they have to do something more drastic.
Deflation causes money hoarding--if that dollar you have now will be worth more later, it only makes sense to spend it later.
This it has succeeded in doing, both during the war and in the more difficult period of deflation and readjustment which followed.State of the Union Addresses of Calvin Coolidge|Calvin Coolidge
At the present writing, world industry is going through a process of deflation from the high prices induced by the war.United States Steel|Arundel Cotter
There was a concerted stiffening of bodies, a general sigh from lungs in process of deflation.'Drag' Harlan|Charles Alden Seltzer
Later, when there was a metal coinage, this cycle of inflation and deflation became still clearer.A history of China., [3d ed. rev. and enl.]|Wolfram Eberhard
Industry during the period of deflation goes through a process like that of an over-fat man taking a Turkish bath.Success (Second Edition)|Max Aitken Beaverbrook