But deflation, a sustained decline in prices, is considered economic nuclear waste.

但通货紧缩则是物价持续下降，它被视为经济核废料。

youdao

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。

youdao

But if deflation is the result of a deepening economic slump, that's another thing entirely.

但如果通缩是经济放缓加剧的结果，那就完全是另一回事了。

youdao

But they warned of the risk of deflation.

VOA: special.2009.01.31

Now there was inflation with regard to a basket of the Consumer Price Index is not just the price of gold; it's the price of many things but the there would be inflation or deflation as the relative price of gold changed.

现在，就一组物品来说，是存在通货膨胀的,消费者价格指数并不仅仅是金子的价格；,它是很多东西的价格，但是,当金子的相对价格变化时,通货膨胀或通货紧缩就会发生。

耶鲁公开课 - 金融市场课程节选

Unlike Volcker, the target of Kuroda resolve to take effective action is not inflation but deflation.

FORBES: With Kuroda Pledging to Do "Whatever It Takes" at BOJ, Abe Gets His Man

But deflation that comes from a lack of pricing power and lower final demand is not good.

FORBES: Deflation Dissected

The 1980s were rough, but deflation then hit hardest those who had overextended during the inflationary 1970s.

FORBES: Fact and Comment