Deflation refers to economic unbalance with declining of price index and unemployment,the root cause of which is that money supply is short for money demand, while in commodity market, total supply exceeds total demand.

• 通货紧缩是指一般物价指数下降并伴有失业的经济失衡现象，其货币经济根源在于货币供给小 于货币需求；