Definitions from Wiktionary (fiscal drag)
▸ noun: (economics) The deflationary pressure on the economy that results from the government's net fiscal position (spending minus taxation) failing to cover the net savings desires of the private economy.
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▸ noun: (economics) The deflationary pressure on the economy that results from the government's net fiscal position (spending minus taxation) failing to cover the net savings desires of the private economy.
Similar:
fiscal deficit,
structural deficit,
fiscal policy,
deficit spending,
austerity,
deficit,
deflation,
diseconomy,
budget deficit,
deflator,
more...
Opposite:
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▸ Wikipedia articles (New!)
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▸ Invented words related to fiscal drag