The phenomenon that occurs when a powerful descriptive word becomes popular and then loses its power though repetition and incorrect use. The word awesome was once reserved for sights like the Niagara Falls and accomplishments like climbing Mt. Everest, but now it can be appropriately used to describe a really good sandwich. Word deflation ultimately requires using or inventing an even more powerful descriptive word to gain the previous effect of the now deflated word. A car crash must be horrific if taking a really long time to find a parking spot is horrible.
I knew the word epic had suffered major word deflation when Kaylen used it to describe the results of his last trip to the bathroom.
Crypto Hyper-Deflation occurs when the purchasing power of currency falls drastically in a relativelyshort period of time due to money printing. This increase results in Cryptos prices being more pronounced, as the real value of goods and services increases and the value of the shit fiat currencies falls
As Pirate Chain (ARRR) having a finite supply and the most private protocol in the world will eventually lead to mass adoption causing great demand for ARRR in the markets cause hyper-deflation once supply can no longer keep up with the demand causing prices to rise perpetually.
A steep general decline in prices, often caused by a reduction in the money supply or credit, that creates economic recession or depression, which in turn results in greater deflation. A vicious circle, where the problem is its own cause.
A Deflationary Vortex occured in Japan during the 1990's, brought about by decreases in price that lead to lower production, which in turn lead to lower wages and demand, which lead to further decreases in price