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What is currency deflation of many?

Updated: 9/27/2023
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Q: What is currency deflation of many?
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What is deflation of of?

Deflation is when a currency becomes worthless. An Advantage of deflation is that there is less poverty and things become more affordable.


When there is an official change in the exchange rate of domestic currency then it is called?

Deflation


What is it called when the value of currency goes down called?

it is called deflation


What is the concept of currency control?

The concept of currency control is very essential for any economy. This is what will often regulate the rate of inflation and deflation.


Where can deflation occur?

if you are talking about price deflation it can occur any where. In places that use fiat currency it is somewhat unlikely because initiating a deflation causes a recession and because the people controlling the money have to sacrifice purchase in order to take money out of circulation. In places that use commodity currency it can happen if their is a decline in the production of the commodity or an increase in demand. If you are talking about wind deflation this is most likely to happen when their is an non smooth surface such as a hill or mountain.


How could the weimar government have solved Hyperinflation?

In fact, the inflation was stopped and the currency stabilized in 1923-24. It involved massive deflation and was successful.


Define deflation explain merits and demerits of deflation?

merits and demerits of deflation


What has the author C V Myers written?

C. V. Myers has written: 'Through hell to Alaska' -- subject(s): Fiction 'The coming deflation' -- subject(s): Currency question, Deflation (Finance) 'Oil to Alaska' -- subject(s): Petroleum, Petroleum industry and trade, Transportation


Why is the fed afraid of deflation?

Why is the central bank afraid of deflation


When was Deflation - film - created?

Deflation - film - was created in 2001.


What are the disadvantages of deflation?

Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.


What do you understand by the concept of deflation and the cause of deflation?

an increase in which exceeds the supply