通货

The orientation of Chinas policy of raising the efficiency of monetary policy and removing deflation is:(1) To reconstruct transmission channel of monetary policy;(2) To continue in carrying out positive monetary policy;(3) To well co-ordinate financial policy and monetary policy;(4) To carrv forward micro-mechanism reform safely.

6提高货币政策效率，走出通货紧缩困境的措施是：①输通货币政策传导渠道；②继续实行积极的货币政策：③财政政策与货币政策协调配合；④稳妥有序地推进微观机制改造。

In Japan, following the collapse of the bubbles, the government reduces the rate forwardly, then the economy fall into the state of low inflation rate and low interest rate. Being afraid of inflation, the Bank of Japan is reluctant to further relax the monetary policy leading to the economy reviving very crisp. Under the external impact, the economy fall into the deflation, and the rate policy loses its effectiveness.

日本则是在泡沫经济崩溃后，政府为了促进经济增长，主动降低利率，进而使经济进入了低通胀低利率状态，但由于日本央行害怕通货膨胀，不愿意进一步放松货币政策，导致日本经济的复苏非常脆弱，在外部经济的冲击下，经济进入了通货紧缩状态，利率政策失效。

That is the kind of thing that leads to deflation

这就是有关通货紧缩的情况

As I have said for a long time, we will be talking about deflation this time next year.

我曾说过很长一段时间，明年的这个时候我们谈论的将是通货紧缩。

I"m more worried about deflation," he said.

我更加担心通货紧缩对经济的影响，他说。

In that case, the deflation pressure, how to find a more secure investment opportunities in it?

在这种情况下，通货紧缩的压力，如何找到一个更安全的投资机会？

The economic effect of deflation is one important aspect of this problems.

通货紧缩的经济效应即是这个问题的一个重要方面。

China is a recent example of a country that experienced deflation and economic growth.

中国就是一个最近的例子，它同时经历了通货紧缩和经济增长。

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。

But deflation comes with its own problems.

但通货紧缩也带来了自身的问题。

I can not make it blossom and suits me

我不能让树为我开花

When temperatures are above approximately 80 °C discolouration of the raceways or rolling elements is a frequent feature.

当温度高于 80 °C 左右时，滚道或滚动元件褪色是很常见的特征。