In order to reflate its economy, Britain abandoned the gold standard in September 1931 and sterling was devalued.
This leaves the ‘old school economic policies’ of dollar devaluation and deficit financing to help reflate the economy and fend off deflation and boost exporters.
The Japanese government has repeatedly tried to reflate the economy, with special packages and cuts in interest rates, but so far to little effect.
Western states pressured Schmidt to reflate the West German economy faster
A whole battery of measures was taken at once to enhance social equality and reflate the economy by increasing consumption.
The U.S. government is doing everything it can to reflate the economy.
First, when the French government tried unilaterally to reflate its economy in the early 1980s it soon became clear that they could not act alone without harming their balance of payments and severely weakening their currency.
The big risk for bonds is that the Fed's efforts to reflate the economy will prove all too successful, leading to an eventual surge in inflation.
This is now so apparent that even international financiers and large capitalists are calling for concerted intervention to reflate the world economy.
The country largely eschewed the Hooverite policies of the IMF and moved very aggressively to reflate and thereby help to lead the region out of its deep recession.