■ verb (of a government) expand the level of output of (an economy) by either fiscal or monetary policy.
Derivatives
reflation noun
reflationary adjective
Origin
1930s: from re- , on the pattern of inflate , deflate .
■ verb (of a government) expand the level of output of (an economy) by either fiscal or monetary policy.
Derivatives
reflation noun
reflationary adjective
Origin
1930s: from re- , on the pattern of inflate , deflate .
Concise Oxford English vocab. Сжатый оксфордский словарь английского языка. 2004