The risk in America now is that slower nominal growth will force firms and individuals to improve their balance sheets by spending less or by selling assets, exacerbating deflationary pressures.

ECONOMIST: Economics focus: Sinking like a soufflé | The

Similarly, because most wages are denominated in dollars and workers resist nominal wage cuts, deflation can force employers to lay off employees.

FORBES: No, Bitcoins Aren't In Danger From "Hyperdeflation"

If the Senate majority party is working as hard as it can to force us to withdraw, then why should our nominal Iraqi allies cooperate with us?

CENTERFORSECURITYPOLICY: On enemy propaganda, Pentagon tells it like it is