👉 Reflationism is a political theory that advocates for the return of inflationary pressures to an economy in order to stimulate demand and reduce unemployment. The idea behind reflationism is that by increasing prices, governments can restore economic stability and employment, which can then lead to further inflationary pressures and further job creation. Reflationists argue that when prices are high, it makes for more efficient use of resources, leading to higher productivity and lower costs. This in turn creates a virtuous cycle, where
