deflationary [dɪˈfleɪʃənəri, ingl. am. -eri] ADJ.
- deflationary
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This reduction in consumption will inevitably have a deflationary or disinflationary effect.
en.wikipedia.org This reflects fear of deflationary shocks and the belief that active monetary policy can dampen fluctuations in output and unemployment.
en.wikipedia.org Prices in general began to decline, although wages held steady in 1930; but then a deflationary spiral started in 1931.
en.wikipedia.org A deflationary budget in 1980 led to substantial cuts in welfare spending and an initial short-term sharp rise in unemployment.
en.wikipedia.org Banks built up their capital reserves and made fewer loans, which intensified deflationary pressures.
en.wikipedia.org