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deflation
deflation

inflation and deflation
inflation and deflation

deflation and price stability .
deflation and price stability .

deflation are generally undesirable phenomena .
deflation are generally undesirable phenomena .

inflation and deflation are important economic
inflation and deflation are important economic

costs related to inflation and deflation .
costs related to inflation and deflation .

associated with inflation or deflation , are closely
associated with inflation or deflation , are closely

that deflation is avoided because , once it occurs , it
that deflation is avoided because , once it occurs , it

« inflation and deflation risks : how to recognize them ?
« inflation and deflation risks : how to recognize them ?

deflation is when the overall price level falls over a protracted period .
deflation is when the overall price level falls over a protracted period .

deflation is often defined as the opposite of inflation , falls over an extended period .
deflation is often defined as the opposite of inflation , falls over an extended period .

consequences of inflation ( or deflation ) in detail ( section 3.3 ) .
consequences of inflation ( or deflation ) in detail ( section 3.3 ) .

it explains that inflation and deflation are economic phenomena that could have serious negative consequences for the economy .
it explains that inflation and deflation are economic phenomena that could have serious negative consequences for the economy .

adequate margin to avoid the risks of deflation ( see section 3.1 and also box 5.4 ) .
adequate margin to avoid the risks of deflation ( see section 3.1 and also box 5.4 ) .

both economically and socially speaking ( see in particular inflation and deflation can be very costly to society section 3.3 ) .
both economically and socially speaking ( see in particular inflation and deflation can be very costly to society section 3.3 ) .

in inflation or deflation , as fiscal systems do not for instance , salary increases that are meant to normally allow for the indexation of tax rates and compensate workers for inflationary developments
in inflation or deflation , as fiscal systems do not for instance , salary increases that are meant to normally allow for the indexation of tax rates and compensate workers for inflationary developments

considerable economic , social and political problems related to the arbitrary redistribution of wealth the price level are difficult to anticipate , and for and income witnessed during times of inflation and deflation .
considerable economic , social and political problems related to the arbitrary redistribution of wealth the price level are difficult to anticipate , and for and income witnessed during times of inflation and deflation .

4 a s a f e t y m a r g i n a g a i n s t d e f l at i o n close to 2 % » provides a safety margin against deflation .
4 a s a f e t y m a r g i n a g a i n s t d e f l at i o n close to 2 % » provides a safety margin against deflation .

while deflation implies similar costs for the referring to an « increase in the hicp of below but therefore not be able to sufficiently stimulate a gg re g at e d e m a n d by u s i n g i t s i n t e re s t r a t e instrument .
while deflation implies similar costs for the referring to an « increase in the hicp of below but therefore not be able to sufficiently stimulate a gg re g at e d e m a n d by u s i n g i t s i n t e re s t r a t e instrument .

hold nominal claims may stand to gain as the real however , in times of deflation , borrowers or debtors are often unable to pay back their debt and claims on , and those who work for , firms that have may even go bankrupt .
hold nominal claims may stand to gain as the real however , in times of deflation , borrowers or debtors are often unable to pay back their debt and claims on , and those who work for , firms that have may even go bankrupt .