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deflationist

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
de·fla·tion  (d-flshn)
n.
1. The act of deflating or the condition of being deflated.
2. A persistent decrease in the level of consumer prices or a persistent increase in the purchasing power of money because of a reduction in available currency and credit.
3. The erosion of soil by the wind.

de·flation·ary (-sh-nr) adj.
de·flation·ist n.
Translations
deflationist [diːˈfleɪʃənɪst] ADJdeflacionista


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But this favorite international position of the economy did not compensate for the deflationist effect of weak mass consumption and the comparatively high savings of the private households.
 
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