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Definition of slumpflation
decrease in economic activity with increased inflation a collapse in all economic activity accompanied by wage and price inflation. This happened, for example, in the United States and Europe in 1929.
Definitions of ’slumpflation’ and meaning of ’slumpflation’ are from the book publication,
QFINANCE – The Ultimate Resource,
© 2009 Bloomsbury Information Ltd.
Find definitions for ’slumpflation’ and other financial terms with our online QFINANCE Financial Dictionary.
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