Overheating

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Overheating

An economy that is growing very quickly, with the risk of high inflation.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Overheating

Describing an economy that is growing too fast or otherwise unsustainably. Overheating economies tend to crash, experience high inflation, or both. The inflation occurs when the economy's producers are unable to meet demand by expanding production because it is rising too fast. To temper demand, the producers raise prices. Central banks tend to increase interest rates to temper or prevent overheating in domestic economies.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
If the engine starts to overheat and the cooling fan isn't turning, follow these steps:
When you run the convective space heater, NSN 4520-01-431-8927, in moderate climates (like the southern U.S., for example), you're liable to overheat your tent.
Carbon building up around the glow plug increases the chance that the plug will overheat and burn out.
The transmitter overheats and the OVERHEAT lamp comes on and stays on.
Literally any device containing a lipo battery can go up in smoke if you overheat it, overcharge it, or break the battery cell," one user wrote. "A cheap charger could definitely cause the phone to overcharge," wrote another user.
The automaker is recalling the vehicles due to daytime running lights that can overheat and cause a fire.
The company said leaving the handset in a car may cause the unit to overheat when it is left in direct sunlight for prolonged periods, or when the smartphone's iPod function is used in direct sunlight.