| 单词 |
reflation |
| 释义 |
reflation|riːˈfleɪʃən|
[f. re- 5 a after deflation 3, inflation 6.]
The process of reflating or taking measures designed to allow an expansion in economic activity to be resumed.
1932Economist 20 Feb. 394/2 Its purpose has been aptly described as ‘reflation’, to prevent further deflation..and to undo some of the present extreme deflation. 1932Sun (Baltimore) 12 Apr. 10/2 It does seem in order to ask why, if inflation or ‘reflation’ or whatever they may choose to call it is really the principal concern, they do not..come forward with a straight inflation or ‘reflation’ project. 1932Hansard Commons 20 Apr. 1582, I propose a different thing altogether [from inflation]. I would describe it as reflation, which I would define as controlled expansion of the note issue to keep pace with increased production. 1933Daily Tel. 24 Apr. 11/3 The fight in Congress to beat depression by inflation—reflation, as some call it—grows more heated. 1940G. Crowther Outl. Money iii. 116 The custom has grown up of referring to what happens during the upward phase of the normal trade cycle not as ‘inflation’ but as ‘reflation’. For the present, we can think of ‘reflation’ as being restricted to a rise of prices that merely restores the status quo ante—the position before the start of the preceding deflation—and inflation to any further rise in prices after this point. 1959Economist 17 Jan. 194/2 Every pound's worth of income tax relief this year would bring less risk to sterling than every ten shillings' worth of reflation made in any other way. 1971New Scientist 10 June 606/1 A reflation stimulus is urgently needed now to fill the yawning gap in consumer demand. 1975Evening Standard 24 July 36/2 (heading) It's reflation time says EEC. 1977Times 29 Aug. 9/3 An electorally opportunistic government..might be strongly tempted to chance some reflation in the run up to a general election next year. |
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