bn:00814810n
Noun Concept
Categories: Business cycle theory, Monetary economics
EN
debt deflation  debt-deflation  debt deflation theory  Debt–deflation  Deflationary debt spiral
EN
Debt deflation is a theory that recessions and depressions are due to the overall level of debt rising in real value because of deflation, causing people to default on their consumer loans and mortgages. Wikipedia
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EN
Debt deflation is a theory that recessions and depressions are due to the overall level of debt rising in real value because of deflation, causing people to default on their consumer loans and mortgages. Wikipedia