Sentence examples for chronic deflation from inspiring English sources

"A Comment on "From Chronic Inflation to Chronic Deflation" by Guillermo Calvo". The State of Economics, The State of the World.

For one thing, Japanese inflation wasn't just low; by the end of the 1990s, Japan was actually suffering chronic deflation.

For two decades, Japan has provided stark evidence that chronic deflation is possible in a modern economy.

Amari, 66, said he was resigning to prevent the allegations from distracting attention from the administration's attempts to pull Japan out of chronic deflation.

A stronger yen also intensifies Japan's chronic deflation by reducing the price of imported goods and making it harder for companies to raise their prices.

Not wedded to central bankers' obsolete doctrines, he has made a commitment to reverse Japan's chronic deflation, setting an inflation target of 2%.

Indeed, the Japanese central bank used quantitative easing for years when Japan was mired in chronic price deflation and had reduced its benchmark interest rate to zero.

Trying to save it by keeping the debts in place -- and letting Wall Street banks "work their way out of debt" at the U.S. economy's expense -- threatens to lock the economy in a chronic debt deflation and depression".

A crucial cause of the deflation, chronic price declines, that racked Japan's economy in the 1990s was an oversupply of production capacity, which forced companies to keep cutting prices.

Mr Kuroda said that he would do whatever it takes to cure Japan's "chronic disease of deflation", though critics think the scale of the new initiative will distort markets.

To the Fed deflation means substantial and chronic drops in the prices of goods and services.