Browsing: deflation

The Great Depression was a worldwide disaster, with millions of people falling into poverty. In America, many people waited in…

A recession is technically defined as two consecutive quarters of the fiscal year with a decline in the gross domestic…

Hyperinflation is a situation of very high, fast, and uncontrolled increases in the prices of goods and services in the…

Deflation is the contraction of the currency supply. Most countries have a central bank that acts as a key player…