deflation An increase in the value of money. Related Related Articles: Why College Tuitions Are Up and Other Prices Are Down6 Facts: What We’d Like To Know About Inflation (and Milk)Why We Want Age Inflation (or Maybe Deflation)When Prices Should Please UsProblems With Grade Deflation Ann Mills Share This Previous Articlecountry of origin Next Articleeconomic scarcity December 17, 2020