Today, Europe has been hit again by a massive deflationary shock.

Policy as a whole over the entire euro zone is too deflationary.

The deflationary debt trap is threatening to destroy a still incomplete political union.

First, there was no automatic deflationary pressure following from some alleged peculiarity of the adjustment mechanism. The question of overall deflationary or inflationary impact depended (and still depends) on the total quantity of money.

Following the 1929 stock market crash, Europe was hit by a massive deflationary shock.

With China retaining its under valued currency policy, dollar depreciation can aggravate global deflationary forces.

Deflationary pressures eased in Japan but firm evidence that deflation has ended is still awaited.

One major concern relates to the destabilizing and deflationary feedbacks among trade, debt and finance.

First, there was no automatic deflationary pressure following from some alleged peculiarity of the adjustment mechanism.

Asia s Leadership Gap

Mind the Gap

See that gap there? There's a gap, and it affects all the other stories.

It simply reflects the recessionary (or deflationary) force of weak global demand hanging over the world economy.

The way out of a deflationary trap is to first induce inflation and then to reduce it.

For the alien race in Stephen R. Donaldson's The Gap Cycle, see Amnion (Gap Cycle).

The Transatlantic Growth Gap

Closing Europe s Strategy Gap

Closing Asia s Security Gap

Closing the Skills Gap

The gap filling role

Then the gap is divided by the shrink factor again, the list is sorted with this new gap, and the process repeats until the gap is 1.

Abe is right about one thing Japan needs to get out of its no growth and deflationary trap.

Thus, deflationary pressure will to some extent result in downward quantity adjustments, which will deepen the real crisis.

The question of overall deflationary or inflationary impact depended (and still depends) on the total quantity of money.

As such, the PBoC will need to maintain counter cyclical policies in order to avoid a deflationary spiral.

Further falls in commodity prices already down 30 from their summer peak will add to these deflationary pressures.

In these circumstances, domestic deflationary policies will only further slow growth and are helpless to stem imported inflation.

The principle behind this is that collective insurance would be cheaper, and therefore less deflationary, than self insurance.

Abe is right about one thing Japan needs to get out of its no growth and deflationary trap.

Faced with depressed private investment and consumption, rising fiscal deficits can play a useful role, offsetting the deflationary effects.

It provoked the missile gap.

This huge gap spurs migration.

That is why Bank of Japan Governor Haruhiko Kuroda should respond accordingly if the tax increase has a deflationary impact.

In the government sector, the unadjusted pay gap is 15 , and the adjusted pay gap was 3 in 2000.

By rewarding good behavior, the fiscal compact would no longer constitute a deflationary debt trap, and the outlook would radically improve.

This rule normally ensures a modicum of coherence and avoids overreactions in exchange rates, but it is insufficient in deflationary times.

What separates developing countries from developed countries is not only the gap in resources, but also a gap in knowledge.

If the cleft extends into the maxillary alveolar ridge, the gap is usually corrected by filling the gap with bone tissue.

Seventh, monetization of fiscal deficits is not inflationary in the short run, whereas slack product and labor markets imply massive deflationary forces.

Of course, Japan s escape from its 15 year deflationary trap and two decades of economic stagnation would be good for the world.

Economic growth rates reveal the same gap.

The gap, instead, reflects recent historical choices.

However, there is a large financing gap.

The gap in technological capabilities is increasing.

But the digital divide is no immutable gap.