noun
deflationary spiral
Economic term describing a vicious cycle where falling prices reduce demand, leading to further price drops and economic contraction.
日本は長年デフレスパイラルに苦しんできた。
Japan has suffered from a deflationary spiral for many years.
デフレスパイラルを防ぐために、政府は金融緩和を
To prevent a deflationary spiral, the government implemented monetary easing.