Keynes is not only a master of the inflation theory but also more importantly the great founder of the deflation theory.

凯恩斯不仅是通货膨胀理论大师，更是通货紧缩理论的伟大奠基者和创始人。

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From the Fisher's debt-deflation theory to Minsky's finance unstable hypothesis, the theories explained financial crisis in varying degrees.

从费雪的负债-通货紧缩理论，到明斯基的金融不稳定假说，都在不同程度上使泡沫经济与金融危机获得了解释。

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Fisher put forward the over-indebtedness and deflation theory to analyze the instability of the financial system while Minsky carried out his analysis from the economic cycle Angle.

费雪从负债过度和通货紧缩的角度、明斯基等学者从经济周期的角度分析了金融系统的内在不稳定性。

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Keep in mind that a little inflation is good for the economy since, in theory, it helps keep consumers buying, while deflation tends to have them put off buying, waiting for lower prices in the future.

FORBES: Double-Dip Dead Ahead

Since price deflation is a greater threat to profits than stable or rising inflation, in theory this should also be good for equities.

ECONOMIST: In profits we trust