deflationary

In a deflationary world, cash is king.

在一个通货紧缩的世界，现金就是上帝。

A deflationary mindset started to take hold.

通货紧缩的思潮开始影响全局。

Deflationary pressures should ease.

通货紧缩的压力得以解除。

Yet there’s clear deflationary pressure on the U.

当前美国经济面临着通货紧缩的压力。

This is probably just the begi ing of the deflationary period.

这只是漫长通缩期的开始。

Deflationary pressure, so what?

通缩压力又怎样？

A severe global recession will lead to deflationary pressures.

一场严重的全球经济衰退将带来通缩压力。

There are also good prospects for deflationary pressures to ease further.

此外,通缩压力亦很有机会进一步放缓。

That is why we believe that 2003 will continue to face deflationary pressures.

正因为如此，我们认为，2003年将继续面临通货紧缩的压力。

And will the U.S. and global economies soon face sharp deflationary pressures?

将美国和全球经济急剧很快面临通货紧缩的压力？

For now, consumers are deflationary, not inflationary, forces in the economy.

目前，消费者是经济中的通货紧缩力量，而非通胀力量。

Deflationary pressures on Hong Kong are a reflection of the current difficult environment.

香港面对通缩压力,显示当前经济环境困难。

With the dawning realization of what he had done, he was back on the deflationary tack.

当他依稀察觉到自己的所作所为时，又重新采取了通货紧缩的政策。

It tried to break deflationary stagnation in the 1990s with several fiscal packages.

上世纪90年代，日本政府迫切希望摆脱通货紧缩和经济停滞，于使采用了一系列财政政策。

This is the price index for the past 10 months continued to decline, indicating deflationary nightmare still continues.

这也是物价指数连续近10个月以来的持续下跌，这表明通货紧缩的噩梦依然在继续。

There is a growing concern on deflationary pressure as labor cost, oil and commodity prices continue their decline.

因人工成本，原油，和商品价格继续衰落，忧虑通货紧缩的压力增长。

Nor is China's deflationary effect on global tradable-goods prices about to end.

中国对全球外贸商品价格的紧缩效应尚未完结。

Is there any doubt about this ongoing inflation capitulation and the beginning of sharp deflationary forces?

有任何疑问这种持续通货膨胀投降并开始急剧通货紧缩的力量？

Because in a deflationary environment, low investment yield of treasury bonds is a good choice.

因为在一个通货紧缩的环境里，投资低收益率的国债是一个不错的选择。

GM, says Mr Warburton, has been “the overriding deflationary force on industry pricing” for decades.

沃伯顿先生表示，几十年来，通用公司已经成为工业市场价格的“主要通货紧缩力量”。

Are rich economies heading merely for a bout of falling prices, or for a 1930s-style deflationary spiral?

发达经济仅仅是进入一轮价格下跌，还是将跌入三十年代式通货紧缩的漩涡？

Barclays Capital estimates a 0.5 percent increase “with rising risks of deflationary pressure in the next few months.

巴克莱投资银行则估计会增长0.5% “稍后几个月通货紧缩的压力会带来上升的风险”。

In theory businesses and workers should quickly adjust to a deflationary shock, by slashing their prices and wages.

理论上生意人和工人会很快的调整应对通货紧缩，减少价格和缩减工作。

The result is more deflationary pressure on the United States as the trade-weighted dollar rises in value.

届时，随着美元贸易加权汇率的升值，美国承受的通缩压力将进一步增大。

The new economy does not mean we'll never have anther recession or even a deflationary spiral.

新经济并不意味着我们将永远摆脱新一轮的衰退或是避免落入通货紧缩的旋涡。

But cautious incrementalism, ironically, risks letting the world slip ever further down the deflationary spiral.

但讽刺的是，小心谨慎的渐进主义可能会让世界更进一步地滑向通货紧缩的漩涡。

A slow and difficult recovery, dominated by de-leveraging and deflationary risks, is the most likely prospect.

最可能出现的情况是，经济在去杠杆化和通缩风险的主导下，经历一场缓慢而艰难的复苏。

Deflationary pressure has increased to consumption and business investment will be adversely affected.

通货紧缩压力加大，对居民消费和企业投资都将产生不利影响。

I’m afraid this is going to have a very deflationary effect on the economy of Western Europe.

我担心这将使西欧经济受到通货紧缩的影响。

Excess savings in Asia, northern Europe and the petro-economies are deflationary.

亚洲、北欧和石油经济体的过度储蓄造成了通货紧缩。

The introduction of pro-active fiscal policies during deflationary period could provide an effective and immediate impetus to the growth of economy.

在通货紧缩阶段，实施积极的财政政策，不需要中间传导过程，时滞短，对经济的拉动作用明显。

But central banks struggled to avoid a deflationary outcome;the result was a loose monetary policy that encouraged asset bubbles.

但是央行挣扎着避免通缩的到来，结果就是导致资产泡沫的宽松的货币政策。

In some countries-notably the United States-a vicious deflationary spiral of banks withdrawing credit and demand contracting is no longer unimaginable.

在某些国家，尤其是美国，银行撤回贷款和需求下降的紧缩漩涡不再是不可思议的现象。

This Faustian bargain would be acceptable if only to stabilize what now appears to be an even more dangerous deflationary debt liquidation.

只有在稳住了看似非常危险，并可能带来通货紧缩的债务清算，我们才可能接受这个浮士德交易。

Seventh, monetization of fiscal deficits is not inflationary in the short run...slack product and labor markets imply massive deflationary forces.

第七，财政赤字的货币化短期内不会带来通货膨胀压力，而产品和就业市场表现疲软可能会带来巨大的通货紧缩压力。

That is a worry for the rest of the world, used to enjoying the “China price”, a seemingly open-ended deflationary pressure on the world economy.

这正是世界上其它国家所担忧的，这些国家曾一度享受着“中国式的物价”，哪怕这一价格水平显然会对全球经济造成遗患无穷的通货紧缩压力。

Whether that was down to the brilliance of central banks or the deflationary pressures emanating from China and India is still a matter of debate.

而这到底是归功于央行的聪明才智还是发源于中国以及印度的通缩压力仍是争论的焦点。

M1 growth rate of decline in overall economic activity showed dramatic shrinkage, indicates that deflationary pressure is rapidly approaching.

M1增速下降显示出整体经济活动剧烈萎缩,预示着通缩压力正快速临近。

Though it won't generate much of a return in a low-rate, deflationary environment, cash in the bank will gain value as prices fall.

把现金存在银行，在低利率、通货紧缩的环境下产生不了很大的收益，不过随着物价的下跌，现金实际上是升值的。

For pessimists, if we're in for a Japanese-style deflationary bust, buy Treasurys. For other disaster scenarios, go for gold.

对于悲观主义者来说，如果我们会遭遇日本式的通缩，那就买国债。而要是其他的灾难性状况，就应该买黄金。

That won't work for America: the rest of the world isn't big or healthy enough, and a steeply falling dollar would inflict deflationary harm on others.

不过这个对美国不起作用：世界的其他国家要不就是不够强大，要不就是不够健康，并且急剧贬值的美元会给他国招致通货紧缩的伤害。

However, as businesses cut production in response to lower profitability, the demand weakness is no longer deflationary.

然而，随着企业利润降低、削减生产，需求疲弱导致的通缩效应就会不复存在。

Nor does a new outbreak of high inflation seem imminent, given the pervasive deflationary conditions in most of the rich world.

从大多数发达国家目前所处的通货紧缩环境来看，这些也不意味高通货膨胀即将爆发。

That is a worry for the rest of the world, used to enjoying the“China price”, a seemingly open-ended deflationary pressure on the world economy.

常常享受“中国价格”低廉的其他国家开始担心这将可能对世界经济造成无止境的通货紧缩的压力。

Yet whenever any effort is made to cut down the number of unnecessary officeholders the cry is certain to be raised that this action is “deflationary.

然而，无论什么时候，只要做出一些努力去裁减多余的公务员，就一定会遭到极力反对，说这种举动是“通货紧缩的”。

In conclusion, a sharp slack in goods, labor and commodity markets will lead to global deflationary trends over the next year.

最后，急剧放缓的货物，劳动力和商品市场将导致全球性通货紧缩趋势在未来一年。

In its report Friday, the PBOC also said China is facing both deflationary pressures in the short term and inflationary pressures in the longer term.

中国央行上周五在这一报告中还说，中国短期内面临通货紧缩压力，而中、长期内则面临通货膨胀压力。

In 1920, Germany experienced a deflationary collapse, with the average citizen finding it harder and harder to get enough money for necessities.

在1920年，德国经历了一个通货紧缩的瓦解，民众们发现想要获得充足的钱来购买生活必需品已越来越难。

Worst of all is the possibility that the economy will, as it did in the ’30s, end up stuck in a prolonged deflationary trap.

最糟糕的是美国经济有可能像30年代那样，最终陷入长期通货紧缩的陷阱。

But the last thing the world economy needs right now if for its most important growth engine to sputter because of a deflationary exchange rate policy.

然而，对当前的世界经济而言，绝不希望看到这架巨大的经济增长引擎因为通缩下的汇率政策而出现熄火的局面。