Deflation is completely different in India and Japan. * You have CASH in hand and you wanted to BUY a product/service which is available in market. (INFLATION) * You have CASH in hand and you wanted to BUY a product/service which is NOT available in market. (INFLATION) * You have CASH in hand and you do NOT need/want to BUY a product/service which is available in market. (DEFLATION as in JAPAN) * You have CASH in hand and you do NOT need/want to BUY a product/service which is NOT available in market. (DEFLATION)
* You do NOT have CASH in hand and you wanted to BUY a product/service which is available in market. (INFLATION) * You do NOT have CASH in hand and you wanted to BUY a product/service which is NOT available in market. (INFLATION) * You do NOT have CASH in hand and you do NOT need/want to BUY a product/service which is available in market. (DEFLATION as in INDIA) * You do NOT have CASH in hand and you do NOT need/want to BUY a product/service which is NOT available in market. (DEFLATION)