Linked from

The 21 pages that link to Deflation, each with the reason it gives.

• Great DepressionRelated: Falling prices increased the real burden of debts and discouraged spending.

• Gold standardRelated: Gold scarcity or reserve outflows could restrict money and intensify falling prices.

• Liquidity TrapRelated: Deflation can raise real borrowing costs at zero nominal rates and deepen a liquidity trap.

• Panic of 1893Related: Falling prices increased the real burden of debts and worsened financial distress.

• Commodity moneyRelated: A limited supply of monetary commodity can constrain money growth and contribute to falling prices.

• Panic of 1873Related: Falling prices and wages prolonged hardship and increased the real burden of debts.

• Ben BernankeRelated: Falling prices increased debt burdens and constrained monetary policy in the Depression.

• Economic crisisRelated: Falling prices can raise the real burden of debt and discourage spending.

• Long DepressionRelated: Falling prices defined a major feature of the period, though they did not always mean falling output.

• Lost DecadesRelated: Falling prices increased the real burden of debt and discouraged spending.

• Panic of 1819Related: Falling prices increased the real burden of debts during the downturn.

• Economic depressionRelated: Persistent price declines can encourage delayed purchases and increase the real weight of debt.