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Updated: August 9, 2024


The tire showed no signs of deflation, but on drawing the nail the air followed, showing a puncture. As the nail was scarcely three-quarters of an inch long, not long enough to go clear through and injure the inner coating on the opposite side, it was entirely practical to reinsert and run until it worked out.

The most outstanding sign of this was the abandonment of restrictions on the minting of copper coin, in order to prevent deflation through insufficiency of payment media. As a consequence more taxes were brought in, partly in kind, partly in coin, and this increased the power of the central government.

For I had had a short crop, not to convict-measure, but saucer-wise, deflation having set in on crown and chin-tip. One chewed lupines, another cleared his fasting throat, a third took fish soup on radish-wafer sippets; this ate olives, that supped down barley. When it was dinner-time, we took it reclining, both chairs and couches standing ready.

It may be done on the same solid fundamentals and make the vitally important agricultural industry more secure, and it must be done. This Congress already has taken cognizance of the misfortune which precipitate deflation brought to American agriculture. Your measures of relief and the reduction of the Federal reserve discount rate undoubtedly saved the country from widespread disaster.

Special attention was paid to the province of Shensi, whose conditions were taken more or less as a model. It seems that one consequence of Wang's reforms was a strong fall in the prices, i.e. a deflation; therefore, as soon as the first decrees were issued, the large plantation owners and the merchants who were allied to them, offered furious opposition.

When to this experience was added the triumphant tour of the six German cities, Count von Zeppelin might well have thought his triumph was complete. But once again the cup of victory was dashed from his lips. After his landing a violent wind beat upon the ship. An army of men strove to hold her fast, while an effort was made to reduce her bulk by deflation.

And, as is now well known to all of us, the same net loss to society comes from reckless overproduction and monopolistic underproduction of natural and manufactured commodities. Overproduction, underproduction and speculation are three evil sisters who distill the troubles of unsound inflation and disastrous deflation.

And, as is now well known to all of us, the same net loss to society comes from reckless overproduction and monopolistic underproduction of natural and manufactured commodities. Overproduction, underproduction and speculation are three evil sisters who distill the troubles of unsound inflation and disastrous deflation.

The proper position for the process of moulting has now been assumed and the proper stability assured. The first thing to do is to burst the old skin. Behind the corselet, under the pointed roof of the prothorax, a series of pulsations is produced by alternate inflation and deflation.

Thus, according to "The Economist", Japanese wages with a backdrop of rampant deflation shrank 5.6 percent in the year to July as company bonuses were brutally slashed.

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