Phrases with «debt deflation»

"Debt deflation" refers to a situation where an economy experiences a decrease in prices, leading to a fall in overall spending and increased burden of debt. It can create a cycle where falling prices make debt harder to pay off, which in turn leads to less spending and further price declines. Full definition

Sentences with «debt deflation»

  • In all these cases the effect of debt deflation extracting interest is not only on spending — and hence on current prices — but on the economy's long - term ability to produce, by eating into natural resources and the environment as well as society's manmade capital stock. (michael-hudson.com)
  • So in order to save bondholders and banks from losing, the economy would be wrecked by debt deflation. (michael-hudson.com)
  • Keeping them on the books will handcuff the economy and cause debt deflation by diverting income to pay debt service rather than to spend on goods and services. (michael-hudson.com)
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