reflation
reef lay shuhn
- n inflation of currency after a period of deflation; restore the system to a previous state
- In New Zealand the immediate result was a "reflation boom" with stock and commodity prices rising last week in terms of Premier Forbes' fallen money.
- The big question: whether, through Maudling, Macmillan intends to scrap Selwyn Lloyd's line and move toward inflation ("reflation.
- The difference between reflation and inflation is that between thaw and heat wave.