| After almost 15 years in the economic doghouse, Japan shows real signs of emerging from its long deflationary slump. |
| All of this can exacerbate an economic downturn and, in turn, generate greater deflationary pressures. |
| Washington clung doggedly to the gold standard despite the disastrously deflationary effect of this policy. |
| In a deflationary environment a good growth stock can often be a defensive stock. |
| A falling dollar would be a major deflationary influence on the world economy, notes Levy. |
| Volatile movements in the foreign exchange casino compound the deflationary effect. |
