Deflation of Economy: Understanding Its Causes, Consequences, and Potential Cures
Deflation of Economy: Understanding Its Causes, Consequences, and Potential Cures The deflation of economy, a sustained decrease in the general price level of goods and services, is a phenomenon that can have profound and often detrimental effects on an economy. Unlike inflation, which erodes purchasing power over time, deflation increases the real value of money, … Read more