# debt deflation

> theory that recessions and depressions are due to the overall level of debt rising in real value because of deflation

**Wikidata**: [Q5248600](https://www.wikidata.org/wiki/Q5248600)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Debt_deflation)  
**Source**: https://4ort.xyz/entity/debt-deflation