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aggravate recessions and lead to a deflationary spiral (see later section). Some economists argue that prolonged deflationary periods are related to the underlying...

such as when currency becomes unstable (such as hyperinflation or a deflationary spiral) or simply unavailable for conducting commerce. No ethnographic studies...

reduced future income coupled with the Fed’s deflationary monetary policy resulted in a deflationary spiral that cratered consumer spending, business investment...

work of Keynes. The following decades saw occasional mention of deflationary spirals due to debt in the mainstream, notably in The Great Crash, 1929 of...

general, began to decline, although wages held steady in 1930. Then a deflationary spiral started in 1931. Farmers faced a worse outlook; declining crop prices...

long deflationary period. After experiencing economic boom, the Japanese economy slowly declined in the early 1990s and entered a deflationary spiral in...

popped in 1989, and stock and land prices plunged as Japan entered a deflationary spiral. Banks found themselves saddled with insurmountable debts that hindered...

inflation expectations, creating a self-fulfilling inflationary or deflationary spiral. The monetarist quantity theory of money holds that changes in the...

Trapped at the Zero Bound? 2002 Kobe University analysis of the deflationary spiral, argues that an "insatiable liquidity preference" neutralizes the...

jobs to some two million workers; it helped stop a renewal of the deflationary spiral that had almost wrecked the nation; it did something to improve business...

as holding companies and investment trusts) as contributing to a deflationary spiral, due in no small part to their high reliance on leverage. Dividends...

Friedman's conclusion that the Great Depression happened as a result of a deflationary spiral, arguing that this is inconsistent with the data, even though during...

and made fewer loans, which intensified deflationary pressures. A vicious cycle developed and the downward spiral accelerated. The liquidation of debt could...

jobs to some two million workers; it helped stop a renewal of the deflationary spiral that had almost wrecked the nation; it did something to improve business...

the low consumption rate began to bear on the economy, causing a deflationary spiral. The easily obtainable credit that had helped create and engorge...

faith in the integral commercial paper markets, avoid the risk of a deflationary spiral, and provide banks with enough funds to allow customers to make withdrawals...

automation could potentially undermine economic growth or lead to a deflationary spiral because jobs are the primary mechanism for distributing purchasing...

nationwide trade organisations to regulate wages and prices to halt a deflationary spiral, drew strong opposition from hotel owners (who saw it as a prelude...

According to Sanchez Montero, p. 89 Furthermore, Spain was undergoing a deflationary spiral caused by both the Napoleonic War and the loss of the colonies, which...

effect, but whether or not this acts as a significant brake on a deflationary spiral is controversial. Pigou's reasoning for a positive wealth elasticity...