1·The threat of deflation?
通货紧缩的威胁？
2·SHOULD you fret more about inflation or deflation?
你更担心通货膨胀还是通货紧缩？
3·They may hesitate in the face of political pressure or an explicit decision to err on the side of inflation rather than deflation.
它们可能在面对政策压力或是一个明确的决定时犹豫，而这个决定错误的倒向通货膨胀这边而不是通货紧缩。
4·The boom does not have to end in deflation.
繁荣并非一定以通货紧缩为终点。
5·No one thinks that deflation in itself is desirable.
没人认为通货紧缩本身是可取的。
1·If the BoJ has a plan to boost economic growth and exorcise deflation while avoiding a debt panic, it is clearly not yet ready to share it.
如果日本央行有一个刺激经济增长、驱除通缩的同时，避免债务恐慌的计划，那么它显然还没有准备好分享这个计划。
2·France, once a counterweight to the economics of deflation, seems now to think it has no option but to acquiesce.
曾经对通缩经济体起到平衡作用的法国，现在似乎认为它别无选择，只得默许。
3·They do have tools to try to ward off deflation, and should use them.
他们有工具试图抵御通缩，也确实应该使用它们。
4·This was a period of significant deflation.
这是一个严重通缩的时期。
5·So, in the debate about inflation and deflation, both camps could be right but at different times.
这样，通胀和通缩辩论的两造，都有可能是正确的，不过时间不同罢了。