deflation examples in history

Oxford University Press, New YorkGossweiler K (1971) Großbanken, Industriemonopole, Staat—Ökonomie und Politik des staatsmonopolistischen Kapitalismus in Deutschland 1914-1932. Achinstein A (1961) Economic fluctuations. In the IS–LM model (investment and saving equilibrium – liquidity preference and money supply equilibrium model), deflation is caused by a shift in the supply and demand curve for goods and services. Two examples that’s I’ve lived through were the Asian Financial Crisis of 1997 and the US economic crisis of 2008. In a When banks failed their notes were redeemed for bank reserves, which often did not result in payment at Deflation occurred periodically in the U.S. during the 19th century (the most important exception was during the Civil War). In March, the new coronavirus hit markets hardest, right as the OPEC+ deal collapsed. Instead, they are seeking protection under the country’s Companies’ Creditors Arrangement Act, giving them a chance to restructure and avoid insolvency.Another reason for the discrepancy in bankruptcy numbers is timing. The most dramatic deflationary period in U.S. history took place between 1930 and 1933, during the Princeton University Press, Princeton, NJLaughlin LJ (1887) Gold and prices since 1873. In: Harris SE (ed) American economic history. J Polit Econ 58(6):494–512Rezneck S (1953) Unemployment, unrest, and relief in the United States during the depression of 1893-1897. The American deflation is one of the longest in history.