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Of the RMB appreciate make buy foreign goods with the RMB more be to one's profit, because overseas goods uses dollar close an account commonly, according to the speed that the RMB appreciates now, commodity price of abroad carries changeless sentence, to domestic consumer, their real value is in depreciate ceaselessly.

人民币的升值使得用人民币购买国外商品更加划算,因为海外的商品一般用美元结算,按照现在人民币升值的速度,国外的商品价格保持不变的话,对国内的消费者来说,它们的实际价格在不断降价。

They could suffer catastrophic losses if the treasuries are repriced. The 10-year treasury is yielding 4 per cent, against 4.1 per cent inflation in the US last year, and probably higher this year. The market still doesn't believe the current inflation rate will stick. When it wakes up to the inflation reality, the 10-year treasury may yield over 6 per cent and its nominal value could decline by 40 per cent.

一旦外汇资产价格波动,那将会给这三个国家带来不可估量的损失。10年之间,持有的外汇资产可能会带来4%的收益,但这相对于美国4.1%或者更高的通货膨胀率来说,实在是不太划算,并且从市场运行状况来看,通货膨胀继续恶化的趋势似乎没有听下来的迹象,当真正面对实际通货膨胀率时,10期间的外汇资产带来的收益也就是6%左右,但通货膨胀引发外汇资产的贬值额度却达40%之多。

They could suffer catastrophic losses if the treasuries are repriced. The 10-year treasury is yielding 4 per cent, against 4.1 per cent inflation in the US last year, and probably higher this year. The market still doesn't believe the current inflation rate will stick. When it wakes up to the inflation reality, the 10-year treasury may yield over 6 percent and its nominal value could decline by 40 per cent.

一旦外汇资产价格波动,那将会给这三个国家带来不可估量的损失。10年之间,持有的外汇资产可能会带来4%的收益,但这相对于美国4.1%或者更高的通货膨胀率来说,实在是不太划算,并且从市场运行状况来看,通货膨胀继续恶化的趋势似乎没有听下来的迹象,当真正面对实际通货膨胀率时,10期间的外汇资产带来的收益也就是6%左右,但通货膨胀引发外汇资产的贬值额度却达40%之多。

Rodriguez isn't the only Yankee who needs a good October. When he looks around the clubhouse, he sees more teammates who have never won a title in New York than those who have. And thanks to the Rangers' picking up $67 million of the money left on his contract when he was traded to New York, Rodriguez can find three players in the same room to whom the Yankees are paying more this year -- Jeter ($21 million), Giambi ($19 million) and righthander Mike Mussina ($19 million)-- and a fourth, lefthander Randy Johnson, to whom they pay an equal amount ($16 million). Next year the Yankees will pay outfielder Bobby Abreu ($17.5 million) more than Rodriguez, making A-Rod a veritable bargain. I point out all of this to Rodriguez early this month as we walk underneath the first base stands at Yankee Stadium toward the indoor batting cage.

A-Rod并非洋基阵中唯一需要藉由季后赛杰出表现来证明自己价值的球员,环顾球员休息室,尚未为洋基拿到冠军戒指的队友甚至多过曾经办到的人,感谢游骑兵队愿意分担他天价合约中的六千七百万美元额度,在洋基阵中有三位球员从洋基老板的口袋中拿到比A-Rod更多的薪水– Jeter, Giambi,以及Mussina,另外还有和A-Rod并驾齐驱的Randy Johnson,下个球季洋基要付给Bobby Abreu的薪水也将超越A-Rod,这让A-Rod的交易看起来简直划算到不行,本月初,在一次和A-Rod一同走向洋基球场中的室内打击练习场时的谈话中,我向他提及这些数据

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Lao Qiu is the Chairman of China Qiuyang Translation Group and the head master of the Confucius School. He has committed himself to the research and promotion of the classics of China.

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