单词 | debt deflation |
释义 | debt deflationDefinition A theory developed in 1933 by Irving Fisher to explain the cause of economic depressions which points to over-consumption, over-spending, and under-investment that leads to destabilization in the relationship between debt and deflation. The combination of increasing debt and decreasing prices that results an increased value of debt leading to financial distress. |
随便看 |
|
英汉经管词典收录了27404条经济管理类英汉双解词条,基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法,是学习及工作的有利工具。