reflationary
- adjective
- /rɪˈfleɪʃənɛri/
- Specialized
- The chart above shows that bulls who were predicting the end of the copper downtrend in early September, due to the reflationary policies of the ECB and Fed, now have an egg on their face as prices reversed all the gains.
Examples
-
Unfortunately, disaster struck: the global economic shocks of 1979 and 1980 were met by neoliberal deflationism, not by reflationary expansionism as in the period between 1973 and 1974.
Academic text (1998) -
Short-term pressures: reflationary cyclical rebounds; larger-than-average differentials.
Academic text (2011) -
During the month of September 1983 (just before and after the fifth day of protest), the capitalist groups pressed Pinochet to replace the ministers of finance and economy with men who favored reflationary policies.
Academic text (1992) -
The government's reflationary measures aimed to boost the economy after a period of deflation.
-
To combat declining prices, the central bank implemented a reflationary strategy that included lowering interest rates.
-
After years of economic stagnation, the new reflationary policies were designed to stimulate growth and increase consumer spending.
Synonyms
A policy or action that makes most prices rise
Antonyms
How Expansionary
- Specialized
- Specialized
Surface Forms
Morphology
reflationary = reflation (semi-transparent) = re + flate + ion + ary
For learners who know the noun 'reflation', the adjective 'reflationary' is a straightforward and regular derivative meaning 'relating to reflation'.
Etymology
Reflationary combines the prefix re- ('again') with inflation ('prices going up'), and you can think of inflate as 'blow up' like filling a balloon. So, a reflationary policy is like 'blowing air back into a balloon' to raise prices and help the economy grow after prices fell.