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Simple English definitions for legal terms

deflation

Read a random definition: casus foederis

A quick definition of deflation:

Deflation: When the prices of things go down, it's called deflation. This means that you can buy more things for less money. It's the opposite of inflation, which is when prices go up.

A more thorough explanation:

Definition: Deflation is a situation where the general price of goods and services decreases. It is the opposite of inflation, where prices increase. Deflation can happen when there is a decrease in demand for goods and services, or when there is an increase in the supply of goods and services.

Example: During the Great Depression in the 1930s, there was a significant deflationary period in the United States. Prices of goods and services fell, and people had less money to spend. This led to a decrease in demand for goods and services, which further decreased prices.

Explanation: The example illustrates how deflation can lead to a decrease in demand for goods and services. When prices fall, people tend to hold onto their money, hoping that prices will fall further. This leads to a decrease in demand, which further decreases prices. This cycle can continue until the economy reaches a state of equilibrium.

definitive sentence | deforce

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JumpySubsequentDolphin
20:48
I DIDNT REALIZE WHEJ I BOUGHT THEM BC THEYRE HIDDEN. LIKE INSTEAD OF A ZIPPER THEYREBALL BUTTONS
JumpySubsequentDolphin
20:48
what if I have to pee.
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
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