通货膨胀

As to domestic sector, the author discuss the influences of different exchange rate regime on growth, inflation, economic stability and financial deepening, and agues that:(1) the relatively fixed exhange rate regimes are more pro-growth for emerging economies;(2) the relatively fixed exchange rate regimes can be useful for control of inflation in developing countries, but it can also be replaced by other monetary rules like inflaiton-targeting;(3) fixed exchange rate regime woulde better to deal with nominal shocks when floating exchange rate regime better to deal with real shocks, but both of them can not entirely insulate the external shocks;(4) the improvement of financial deepening is faster under relative fixed exchange rate regimes.

从国内经济部门看，不同汇率制度对经济增长、通货膨胀、经济稳定、金融深化等关键变量具有不同影响：（1）对于新兴市场国家来说，相对固定的汇率制度更有利于促进经济增长；（2）相对固定的汇率制度有利于抑制通货膨胀，但也可以由其他货币规则替代；（3）固定汇率更适合应对名义经济冲击，浮动汇率更适合应对实际经济冲击，二者都不能隔离外部冲击；（4）在相对固定的汇率制度下，金融深化发展更快。

We suffer from the longest and one of the worst sustained inflations in our national history.

我们现在遭受的是我国历史上历时最久的通货膨胀，也是最严重的通货膨胀之一。

We suffer from the longest and one of the worst sustained inflations in our national history.

我们现在遭受到我国历史上历时最久的通货膨胀，这也是最严重的通货膨胀之一。

From 1980 China has occurred 5 inflations, every inflation have resulted in different effects to our country's social-economy.

我国最近的一次通货膨胀始于2003年，这一次的通货膨胀范围较广、涉及的商品种类较多、持续时间较长。

In the 1970s and 1980s, Japan experienced two inflations after rapid growth of economy. However, in the 21st century a worrisome inflation also appears in China after several years of rapid growth.

上世纪七、八十年代的日本在高速经济增长后经历了两次通货膨胀，而21世纪的中国同样在多年的高速经济增长后，出现了令人堪忧的通货膨胀。

Inexpensive Chinese goods have kept down our inflation rates and enabled us to prolong the upswings of our business cycles because the Fed doesn't have to raise interest rates so quickly in order to slow inflation.

廉价的中国产品已经降低了我们的通货膨胀率，也使我们能够延长商业周期的上扬态势，因为美联储没有为了放慢通货膨胀的速度而不得不迅速提高利率。

Monetarists hold that correction of inflation will lead to growth, structuralists hold that growth will cure inflation

货币主义者认为，制止通货膨胀将导致增长，结构主义认为增长将消除通货膨胀。

Even though the markets forecast inflation rates well below Fed targets, and even though the monetarists have never, ever, developed a theory explaining why injections of interest-bearing reserves causes inflation?

尽管市场预测的通货膨胀率远低于美联储的目标，即使如此，货币主义者从没有对为什么利息储备注入造成通货膨胀做出一个理论解释？

As Goldman Sachs notes, inflation was 3.2 per cent in the year to December against minus 0.4 per cent a year before. In 1971, Richard Nixon imposed an across-the-board import surcharge as a way to force currency realignments.

高盛预测，在截至去年12月份为止的一年中，中国的通货膨胀率为3.2％，而一年前的通货膨胀率为负0.4％。1971年，美国总统理查德#尼克松实施了全面进口特别关税，以便强制的汇率调整。

Inflation isn't guaranteed: The bond markets are only predicting about 1.4% inflation over the next 10 years, and BCA Research recently reminded clients that deflation, or falling prices, remains a danger.

通货膨胀不一定会发生：债券市场对未来10年的通货膨胀率预期只有1.4%，而BCA Research最近提醒客户，通货紧缩的危险依然存在。

I'm strongly against the death penalty — it's an eye for an eye.

我不赞成死刑——这是以牙还牙的报复行为。

And to get you the support you need, we're enlisting all elements of our national power: our diplomacy and development, our economic might and our moral suasion, so that you and the rest of our military do not bear the burden of our security alone.

并给你们所须的支援，我们正徵召国家所有各种的力量：我们的外交及发展，我们的经济力量与道德劝说，所以你们与其他军人不须要孤独地负起国家安全的责任。