| All of this can exacerbate an economic downturn and, in turn, generate greater deflationary pressures. |
| Fear of the equity markets, and the addiction to saving, can propel a country into a vicious downward deflationary spiral. |
| Volatile movements in the foreign exchange casino compound the deflationary effect. |
| After almost 15 years in the economic doghouse, Japan shows real signs of emerging from its long deflationary slump. |
| A falling dollar would be a major deflationary influence on the world economy, notes Levy. |
| That kind of deflationary spiral is what worries economists and corporate executives. |
