Reflation has also found usage in forensic economics to describe a return to monopolistic (exorbitant) price paths following correction.
The term "reflation" can also refer to an economic policy whereby a government uses fiscal or monetary stimulus in order to expand a country's output.
This can possibly be achieved by methods that include reducing tax, changing the money supply, or even adjusting interest rates.
[5] Originally, it was used to describe a recovery of price to a previous desirable level after a fall caused by a recession.
Today it also (in addition to the above) describes the first phase in the recovery of an economy which is beginning to experience increasing prices at the end of a slump.