it is called deflation
The concept of currency control is very essential for any economy. This is what will often regulate the rate of inflation and deflation.
Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.
an increase in which exceeds the supply
yes they do rise during deflation
Deflation is when a currency becomes worthless. An Advantage of deflation is that there is less poverty and things become more affordable.
Deflation
it is called deflation
The concept of currency control is very essential for any economy. This is what will often regulate the rate of inflation and deflation.
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.
In fact, the inflation was stopped and the currency stabilized in 1923-24. It involved massive deflation and was successful.
merits and demerits of deflation
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 central bank afraid of deflation
Deflation - film - was created in 2001.
Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.
an increase in which exceeds the supply