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Deflation (view source)

Revision as of 04:37, May 20, 2017

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→‎Forces of deflation: extreme price-cutting by sellers, which can be encouraged by technological factors such as the internet or be due to intense competition such as price wars between Wal-Mart and Amazon, or between Apple and [[G

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Forces that push an economy towards deflation include the following:

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*low overall employment~~, which~~ can occur even if reported [[unemployment]] is small.

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*high [[unemployment]], or low overall employment that can occur even if reported [[unemployment]] is small. This is prevailing in 2017.

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*extreme price-cutting by sellers, which can be encouraged by technological factors such as the [[internet]].

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*extreme price-cutting by sellers, which can be encouraged by technological factors such as the [[internet]] or be due to intense competition such as [[price war]]s between [[Wal-Mart]] and [[Amazon]], or between [[Apple]] and [[Google]] (now owned by Alphabet).

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*[[invention]]s, as occurred shortly after the [[Civil War]].

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*[[invention]]s that sharply increase productivity, as occurred shortly after the [[Civil War]].

== References ==

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