需要注意的是，通货膨胀与通货紧缩有时并不遥远。

It is noteworthy that sometimes inflation and deflation are not far from each other.

youdao

然而，现在希腊与德国拥有相同的货币，降低希腊相对成本的唯一途径是通过某种德国通货膨胀与希腊通货紧缩相结合的办法。

Now that Greece and Germany share the same currency, however, the only way to reduce Greek relative costs is through some combination of German inflation and Greek deflation.

youdao

也就是说，希腊与战后美国不一样，它不能通过通货膨胀的方式削减部分债务，而由于通货紧缩债务负担反而加重。

And that means that unlike postwar America, which inflated away part of its debt, Greece will see its debt burden worsened by deflation.

youdao