Deflation (通货紧缩 tōnghuò jǐnsuō) refers to the case where the amount of money in the market is less than the amount of money needed in commodity circulation It leads to currency appreciation and price decline. Also see: disinflation, inflation.
- 通 (tōng) as in circulation (流通 liútōng), passing (通过 tōngguò) or smooth (通顺 tōngshùn).
- 货 (huò) as in commodity or goods (货品 huòpǐn), money (通货 tōnghuò). The underlying radical is 贝 (bei), which contains the meaning of money.
- 紧 (jǐn) as in nervous (紧张 jǐnzhāng), tight (紧的 jǐndē) or urgent (紧急 jǐnjí).
- 缩 (suō) as in shrinking (缩小 suōxiǎo) or decreasing (缩减 suōjiǎn).
Deflation (通货紧缩 tōnghuò jǐnsuō) word examples:
- Deflation rate (通货紧缩率 tōnghuò jǐnsuō lǜ).
- Price deflation (价格紧缩 jiàgé jǐnsuō).
- Commodity deflation (商品通货紧缩 shāngpǐn tōnghuò jǐnsuō).
- Wage-Price deflation (工资-价格 通货紧缩 gōngzī-jiàgé tōnghuò jǐnsuō).
- Currency deflation (汇率通货紧缩 huìlǜ tōnghuò jǐnsuō).
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