Nevertheless, the evidence now accumulating in the financial and banking sectors suggests that the outcome is more likely to be a deflationary depression.

但是，金融市场和银行业有越来越多的证据表明，最终的结果将会是通缩环境下的大萧条。

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There is only the prospect of Americans suffering through either a deflationary depression or hyperinflation.

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It is not clear whether deleveraging will cause more inflation or a deflationary depression.

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No surprise, we were in a deflationary depression.

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