Arguing that we are going to spend more money to solve this problem is acting like we are in an aggregate demand problem when we are in a very long-term growth problem.

在这争论我们是否该花更多的钱来解决问题就像我们遇到长期增长问题时我们表现的却像遇到总需求问题那样。

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The monetary causes of deflation are the follows:1. The increase rate of money supply is declining, which weakens aggregate demand;

通货紧缩的货币成因有以下几个方面：1 。货币供应增长率下降，导致名义总需求疲软；

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Under fixed exchange rates, governments should tighten fiscal policy when money floods in, in order to dampen aggregate demand.

ECONOMIST: Exchange rates

The flaw in this reasoning is not found in aggregate demand, which can be easily manipulated by the dearth or superfluity of money.

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