reflation
Post-recession policy expansion
Reflation is the deliberate expansion of economic output, typically through government policy, after a period of deflation or recession.
Central banks may reflate by lowering interest rates or increasing the money supply; governments may spend more or cut taxes.
The goal is to restore prices and economic activity to previous levels: The Fed's reflation efforts helped stabilize the economy.
Distinguished from inflation, which implies prices rising beyond desired levels.
Central bank economic controls
- central bankNational currency management institution
- quantitative easingAsset purchases to boost economy
- fiscal policyState spending and taxation
- government spendingState allocation of funds
interest rates · economic stimulus · money supply · price levels · currency devaluation · economic intervention · stabilization · pump priming
Return to prosperity
- reboundReturn after deflection
- upturnImprovement in conditions
- revivalReturn after decline
- resurgenceReturn after dormancy
expansion · growth · stimulus · bounceback · turnaround · reinflation · wage growth
Decreasing rate of increase
- stagflationStagnant growth meets inflation
- hyperinflationExtreme rapid price escalation
- recessionProlonged economic decline
- depressionProlonged low state
monetary policy
Central bank economic controls
- central bankNational currency management institution
- quantitative easingAsset purchases to boost economy
- fiscal policyState spending and taxation
government spending · interest rates · economic stimulus · money supply · price levels · currency devaluation · economic intervention · stabilization · pump priming · deficit spending
economic recovery
Return to prosperity
resurgence · expansion · growth · stimulus · bounceback · turnaround · reinflation · wage growth
disinflation
Decreasing rate of increase
- stagflationStagnant growth meets inflation
- hyperinflationExtreme rapid price escalation
- recessionProlonged economic decline
depression · contraction · stagnation · austerity · tightening
reflationausterity
Enforced economic stringency
tightening · fiscal austerity · budget cuts · fiscal restraint · tight money
inflate, inflation, deflate, inflated, deflated, deflation, inflating, inflates, deflating