The boom does not have to end in deflation.
繁荣并非一定以通货紧缩为终点。
Some worry this could end in deflation.
这最终可能造成通货紧缩。
Deflation is beginning to take hold in the clothing industry.
服装业开始出现通货紧缩。
In 2003, during the last deflation scare, total pay grew by almost 4%.
在2003年，经过上一次的通缩恐慌，工资总额增长近4%。
In addition, deflation is a hidden risk for pension schemes.
此外，通货紧缩也是退休金计划的潜在威胁。
In Japan deflation is the problem.
日本的问题则是通货紧缩。
Energy policy could also play an important role in counteracting both depression and deflation.
在抗击萧条和通缩的过程上，能源政策也可以发挥重要作用。
It is now caught in a trap between inflation and deflation.
如今，这个国家深陷于通胀与通缩之间。
The deflation in turn increases the real cost of debt.
通缩反过来又提高了负债的真正支出。
Does deflation lie ahead in these countries, too?
这些国家是否也将面临通缩呢？
Price deflation in technology is a wonder to behold.
技术方面的物价通缩是一个可亲眼见证到的奇迹。
The Fed was too slow to raise interest rates after its deflation scare in 2003.
在2003年通货紧缩后，联储迟迟不提高利率。
Deflation is scary. So too is a policymaker in a blind panic.
通货紧缩是可怕的，盲目恐慌中的决策者也是可怕的。
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？
Currency deflation is in essence a kind of currency condition.
通货紧缩，从本质上说是一种货币现象。
Since 1997, deflation has become an increasingly obvious economic issue, both internationally and in China.
1997年以来，全球性的通货紧缩日趋明显，我国也出现了通货紧缩趋势。
The deflation of alfalfa field is only (41.81%) of that of corn field in spring.
春季苜蓿地土壤风蚀量仅为玉米地的41.81%。
For the same reason, even cash does well in a deflation.
出于同样的原因﹐即使是现金在通货紧缩时也是不错的选择。
The lower demand during deflation often leads to a rise in unemployment.
需求较低往往导致通货紧缩。
The lower demand during deflation often leads to a rise in unemployment.
需求较低往往导致通货紧缩。
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