总之，经济增长没有受到紧缩措施的明显影响，相反它仍在提振商品、服务生产者与消费者的需求，进而加剧通货膨胀。
In sum, growth has not been significantly impacted by tightening measures. Instead, it continues to fuel inflation by boosting demand for both producer and consumer of goods and services.
然而，现在希腊与德国拥有相同的货币，降低希腊相对成本的唯一途径是通过某种德国通货膨胀与希腊通货紧缩相结合的办法。
Now that Greece and Germany share the same currency, however, the only way to reduce Greek relative costs is through some combination of German inflation and Greek deflation.
需要注意的是，通货膨胀与通货紧缩有时并不遥远。
It is noteworthy that sometimes inflation and deflation are not far from each other.
下跌的风险是，急剧放缓的经济，与薄弱的实际收入增长和紧缩的信贷供给，退出重大低于通货膨胀率的目标。
The downside risk was that a sharp slowdown in the economy, associated with weak real income growth and the tightening in the supply of credit, pulled inflation materially below the target.
也就是说，希腊与战后美国不一样，它不能通过通货膨胀的方式削减部分债务，而由于通货紧缩债务负担反而加重。
And that means that unlike postwar America, which inflated away part of its debt, Greece will see its debt burden worsened by deflation.
其他国家中，货币价值与通货膨胀（或通货紧缩）之间的关系也同样密切。
The relationship between currency values and inflation or deflation is equally strong in other countries.
其他国家中，货币价值与通货膨胀（或通货紧缩）之间的关系也同样密切。
The relationship between currency values and inflation or deflation is equally strong in other countries.
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