The effect of deflation in reducing aggregate demand, known as debt deflation, probably played a significant role in the Great Depression.
通缩于降低总需求上的效应叫做债务紧缩，在大萧条时期它可能扮演了重要的角色。
A rise in nominal values in deflation represents an ever greater rise in real values, so I think gold's price ascent in real terms will be nearly identical in inflation or deflation.
在通货紧缩情况下名义价值的上升表示其真正价值也有一个更大的上升，所以我认为无论是在通货膨胀或是在通货紧缩情况下，实质的黄金价格都会上升。
Deflation serves no benefit to the Federal Reserve, as declining prices spur positive-feedback panic selling and bank runs, and debt repayments in nominal terms under deflation cause real losses.
通货紧缩对美联储没有益处，下跌的价格刺激正反馈的恐慌性抛售和银行挤提，以及在通货紧缩下以名义价偿还债务造成的真正损失。
Michael Gapen of Barclays Capital has calculated the value of this “deflation put option” and reckons it suggests a 10-15% probability of deflation over the next five years.
巴克莱资本的Michael Gapen计算了这“通缩选择”的价值并估计，在未来5年将有10-15%的通缩可能性。
Deflation across the economy is not a problem (yet), but deflation in the housing market is the source of many of our present difficulties.
经济的通货紧缩并不是问题，真正的问题在于房地产市场的紧缩。它是造成现今经济困难的根源所在。
Michael Gapen of Barclays Capital has calculated the value of this "deflation put option" and reckons it suggests a 10-15% probability of deflation over the next five years.
巴克莱资本的MichaelGapen计算了这“通缩看跌期权”的价值并估计，在未来5年将有10- 15%的通缩可能性。
There have many conflicts with the policy of deflation administration. So it is vital now to define the conduction of deflation.
各国对通货紧缩的治理也存在着政策上的冲突，要实现对通货紧缩的有效治理，必须明确通货紧缩的传导机制。
That has created an economic downturn and the fact is that when you defend a currency the result would be asset price deflation, deflation in the value of land, homes, as well as the stock market.
事实上，要保持币值稳定，必会导致资产价格、土地价值、房屋价值和股票价格下降。
When the tyre central deflation system is not used, the tyre inflation or deflation can be realized through the air valve and the use of the car will no be affected.
在不使用轮胎中央充放气系统的状态下，可以通过气嘴向轮胎进行充气或放气，不影响整车的使用。
When the tyre central deflation system is not used, the tyre inflation or deflation can be realized through the air valve and the use of the car will no be affected.
在不使用轮胎中央充放气系统的状态下，可以通过气嘴向轮胎进行充气或放气，不影响整车的使用。
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