The rich world does not seem to be on the precipice of deflation.

发达国家看起来不像是正立足于通货紧缩的悬崖边。

youdao

The other big worry is inflation, even though economies in the rich world surely still have more to fear from deflation.

另外一个比较值得担心的是通胀，尽管显然发达国家更应害怕自己的经济陷入紧缩。

youdao

That would push jobless rates into double digits in much of the rich world and leave many countries perilously close to deflation.

那将使大多数富裕国家的失业率达到两位数，继而带来可怕的通货紧缩。

youdao

In December 2002, Japanese officials publicly rebuked China for exporting deflation around the world.

ECONOMIST: The Chinese fear inflation; the Japanese long for it

In short, what we and the rest of the world are experiencing is the opposite of deflation whereby paper around the world is being devalued on the way to cautious investment and slow growth.

FORBES: Gary Shilling Is Confused: There's No Global 'Deflation' To Speak Of

We now live in a world where deflation has become public enemy number one.

FORBES: Deflation Isn't The Enemy