What is Deflation?
Deflation is the rate at which the general level of prices for goods and services is falling, and subsequently, purchasing power is increasing. Deflation can be caused by a variety of factors, including a decrease in demand or an increase in the supply of money. In this video, we will explore what deflation is, how it is measured, and why it is important. We will discuss the causes of deflation, such as a decline in economic activity or an increase in productivity. We will also highlight some of the effects of deflation, such as its impact on the value of money and the distribution of wealth. Whether you are an economist or just curious about this economic phenomenon, this video is for you.
