1. The world economy was given a deflationary jolt.

2. Deflationary and inflationary gaps can be closed by discretionary monetary and/or fiscal policy.

3. Deflationary gap Gap analysis is a simple way of describing the main policy implications of the Keynesian theory.

4. These deflationary policies of various governments added to unemployment at a time when Britain's foreign trade was depressed.

5. Global deflationary trend is a cyclical economic phenomena.

6. This makes the deflationary circle difficult to break.

7. Price cutting. In a deflationary period, people love bargains.

8. China wants to impose deflationary adjustment on the US, just as Germany is doing to Greece.

9. From being deflationary in terms of manufactured goods, it will become neutral to inflationary.

10. In other words, deflationary expectations arehold in both businesses and households.

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

12. "Deflationary expectations for the next few months mean that real short-term bill yields are "not necessarily negative," he said.

13. Under these deflationary shrinkage scenarios, Europe is heading total collapse.

14. Broadly, prices in Europe are tipping a deflationary dead zone.

15. That only increased the deflationary pressures at home and abroad.

16. It also meant allowing money supply to contract, or grow less rapidly,(http://) when deflationary fiscal policies were pursued.

17. The parallels with the years since 1988, also characterized by strong deflationary pressure and tight money, are apparent.

18. And both the United States and Europe are well on their way toward Japan - style deflationary traps.

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

20. First, the U.S. has entered a severe recession that is already leading to deflationary forces in sectors where supply vastly exceeds demand (housing, consumer durables, motor vehicles, etc.).

21. The devaluation of any major currency today simply exports deflationary pressure to other currency currency.

22. Those powers enable the Board to influence the availability and cost of money for loans, and thereby to check inflationary or deflationary trends in the economy.

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

24. The devaluation of any major currency today simply exports deflationary pressure to other currency areas where, say, a weaker dollar means a stronger local currency.

25. Japan must obviously see to the rebuilding of critical infrastructure, but should be careful not to overbuild, as that would reinforce deflationary pressures.

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

27. With the Fed meeting Tuesday, the danger at the moment is that a deflationary mind-set is taking hold.

28. First, the much weaker exports represent a negative demand shock that is deflationary.

29. Those arrangements have distorted the monetary – fiscal balance, creating deflationary central bank dominance.

30. Hedge funds and speculative traders have led the charge in buying long-dated debt during this four-day-long bond rally, betting that yields will fall in a deflationary climate.

31. As was remarked in a previous column, the Swiss franc has been rivalling gold as a safe haven and the authorities are worrying, as the statement shows, about the deflationary threat.

32. "The current situation therefore acutely threatens our economy and our labor market. It carries the risk of a recession as well as deflationary developments," SNB Chairman Philipp Hildebrand said.

33. The first is the failure to recognise the strength of the deflationary pressures ( see chart ).

34. And deflationary traps can go on for a long time.

35. Yet this anti - deflationary zeal is precisely what alarms people like Mr Meltzer.

36. But as Japan has demonstrated, even countries with their own currencies can get a deflationary trap.

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