As long as the gap persisted, deflation should have accelerated.

有什么关系？只要缺口持续存在，通货紧缩就应该加剧。

youdao

The authors take this as evidence that the output gap may have been only 2% in the first quarter, implying little or no threat of deflation.

这份报告的作者们(John Williams和Justin Weidner)以此证明产出缺口在第一季度可能只有2%，几乎或压根不可能引发通货紧缩。

youdao

If deflation took hold, the gap in demand left by those fleeing debt would not be filled by cash-rich consumers, who tend to be less free-spending.

如果通缩继续下去，手头现金宽裕的消费者是弥补不了由偿债而引起的需求缺口的，原因是这些消费者一般不会大手大脚。

youdao

If deflation took hold, the gap in demand left by those fleeing debt would not be filled by cash-rich consumers, who tend to be less free-spending.

ECONOMIST: Debt and deflation