Deflation

Price Stability
An objective of economic policy aimed at maintaining steady prices by avoiding prolonged inflation and deflation.
Deflation
Economics term referring to a progressive reduction in the price level.
Liquidity Trap
A situation in which real interest rates cannot be reduced by any action of the monetary authorities.
Reflation: Definition and Meaning
A comprehensive examination of reflation as an economic policy tool, its historical context, theoretical frameworks, and comparative analysis.