Reflation(redirected from reflates)
Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia.
Government monetary action that causes a reversal of deflation.
The act of a government printing money or taking similar actions to combat deflation. Deflation occurs when a recession is so severe that prices are reduced to inspire demand. This often leads to further economic decline. Reflation marks an attempt to increase money supply to increase spending in an attempt to spur growth. See also: Inflation.