To dream that you feel deflated implies that you have had a recent blow to your ego and are processing this experience in your sleep. To watch another deflate could indicate that you are the one being flippant with your words and possibly hurting someone else unintentionally.
Lookup dream dictionary, dream symbols, dream meanings. The Online Guide To Dream Interpretation interpret your dreams, Deflate dream dictionary analysis, Deflate symbols, Deflate meanings, dream encyclopedia, islamic dream interpretation, dream views Deflate spiritual meanings of dreams.