What causes deflation?
Responses
There's more money around, but it's worth less and the prices rise.
There's more money around, but it's worth less and the prices rise.
There's less money in circulation; there are plenty of goods but no demand and prices drop.
There's less money in circulation; there are plenty of goods but no demand and prices drop.
The value of a dollar does not change.
The value of a dollar does not change.
People have less income.