Inflation would be lower and so nominal rates would be more attractive in real terms.
通货膨胀将要降低，所以名义汇率实际上会更有吸引力。
Deflation serves no benefit to the Federal Reserve, as declining prices spur positive-feedback panic selling and bank runs, and debt repayments in nominal terms under deflation cause real losses.
通货紧缩对美联储没有益处，下跌的价格刺激正反馈的恐慌性抛售和银行挤提，以及在通货紧缩下以名义价偿还债务造成的真正损失。
Prices have in fact fallen by 2% in nominal terms in the past ten years, and have dropped by 30% in real terms, even though the cost of generating electricity has shot up.
事实上在过去的十年里，尽管发电成本上升了很多，但是西班牙电价表面上下降了2%，而实际上则下降了30%。
Prices have in fact fallen by 2% in nominal terms in the past ten years, and have dropped by 30% in real terms, even though the cost of generating electricity has shot up.
事实上在过去的十年里，尽管发电成本上升了很多，但是西班牙电价表面上下降了2%，而实际上则下降了30%。
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