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First, even in the presence of deflation, aggregate demand can be raised by fiscal actions.

首先,即使在通货紧缩的情况下,财政行动也能提高总需求。

Market participants pointed out that the bulk of the retreat in commodity prices show a serious lack of global consumption, is likely to fall into the quagmire of deflation.

市场人士指出,在大宗商品价格回落显示全球消费严重不足,有可能陷入通货紧缩的泥潭。

Generally speaking, our present policy which brings deflation under control plays an important role.

从总体上来看,我国近期治理通货紧缩的政策发挥了重要作用。

Deflation has been paid close attentain to by academic circles and govern ment departments around the globe.On the basis of investigating the related literature of deflation at home and abroad,the auther of this paper puts emphasis on studying China"s deflation,including its cause of formation,mechanism of the formation and effectiveness of monetary policy during deflation by qualitative and quantitative analyses,positive and normative analyses,theoretical analysis and case confirmation;then points out the orientation of China"s monetary policy by raising the efficiency of monetary policy in the future and avoiding deflation.

本文在分析研究国内外在通货紧缩判断标准、形成机理、治理对策等方面研究方法及研究现状的基础上,采用实证分析与规范分析相结合,定性分析与定量分析相结合,理论概括与实践归纳相结合的方法,从多方位、多角度对产生中国目前通货紧缩的原因进行分析,从理论上梳理出中国目前通货紧缩形成的逻辑过程,并对通货紧缩时期货币政策的效果及未来货币政策的取向进行了深入分析和有效探索。

That is the kind of thing that leads to deflation

这就是有关通货紧缩的情况

This year. But they warned of the risk of deflation.

但是他们也警告了通货紧缩的风险。

"Depression and deflation" to come.

"抑郁症和通货紧缩"的到来。

These effects of deflation depress the economy further, which leads to more deflation, and so on.

这些通货紧缩的效应进一步抑制经济,从而导致更多的紧缩。

In the long run, deflation is more harmful than inflation, for the former may cause economic collapse in extreme cases. A comparative study of the past deflations in the U.S.

从长期来看,通货紧缩的危害性比通货膨胀更为严重,通货紧缩最坏的情况将导致经济崩溃。

In thelong run, deflation is more harmful than inflation, for the former may cause economic collapse in extreme cases. A comparative study of the past deflations in the U.

从长期来看,通货紧缩的危害性比通货膨胀更为严重,通货紧缩最坏的情况将导致经济崩溃。

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