He thinks deflation is bad, but unlikely to happen.
他认为通货紧缩是不好的，不过不大可能发生。
But for the moment deflation is a bigger threat.
但是过不多久通货紧缩会成为更大的威胁。
But is deflation really a threat in today's economy?
但通货紧缩对今天的经济真的是一种威胁吗？
Our country just walk out of the shadow of deflation, but the pressure still remains.
我国刚从通货紧缩的阴影中走出，但通货紧缩压力犹存。
Our company was influenced by deflation deeply, but now we are over the hump.
我们公司深受经济萧条的影响，但现在已经度过了难关。
But they can only cut rates to zero to fight deflation.
但为应对通货紧缩，他们最多只能将利率下调到零水平。
But they can only cut rates to zero to fight deflation.
但为应对通货紧缩，他们最多只能将利率下调到零水平。
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