Nova (stylized NOVÎ») is an American popular science television series produced by WGBH Boston. It is broadcast on Public Broadcasting Service (PBS) in the U.S., and in more than 100 other countries. The series has won many major television awards.Nova often includes interviews with scientists doing research in the subject areas covered and occasionally includes footage of a particular discovery.t is broadcast on Public Broadcasting Service (PBS) in the U.S., and in more than 100 other countries. The series has won many major television awards. Nova often includes interviews with scientists doing research in the subject areas covered and occasionally includes footage of a particular discovery.
So deflation exerts a depressing effect on spending by raising debt burdens â which, as Fisher also points out, can lead to another kind of vicious circle, in which depressed spending because of rising real debt leads to further deflation.
In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate). This should not be confused with disinflation, a slow-down in the inflation rate (i.e., when inflation declines to lower levels).Inflation reduces the real value of money over time; conversely, deflation increases the real value of money â the currency of a national or regional economy. Growth deflation: an enduring decrease in the real cost of goods and services as the result of technological progress, accompanied by competitive price cuts, resulting in an increase in aggregate demand.