投机

Then positively ana.lyzed transmission effect of monetary policy of China in recent years, and with relative theories, discussed rr~ore deeply the existing principal problems on transmission mechanisms of monetary policy in our state under the realistic institutional situation of economy and finance:(1)Monetary policy tools lag behind the economic and financil background;(2)Separated and uneven money markets, the lack of transaction agents and defect in the relation between money markets and c~potal markets, have rendered the transaction of monetary policy lack on effective channel;(3)over-speculating, illegal operation and insufficient competition have severely weakened the transmission fumction;(4) systematic defect of state -owned commercial bank, asymme try between financial and economic composition have made monetary policy lose an effective carrier;(5) factors beyond the financial system, such as soft cornstraint over state - owned enterprises' policy decision, imperfect social insurance system, etc.

接下来对我国近年来的货币政策传导效果进行了实证分析，在此基础上运用相关传导机制理论并结合我国实际经济、金融制度与环境论述了我国当前货币政策传导机制的主要问题：（1）货币政策工具相对于经济、金融环境显得落后；（2）货币市场的分割、不平衡、交易主体不全以及货币市场与资本市场的联系机制缺位使得货币政策缺乏一个有效的场所；（3）资本市场特别是股票市场的过渡投机、违规操作以及不充分竞争严重地削弱了证券市场的传导功能；（4）国有商业银行现行体制的缺陷，金融结构与经济结构的非对称使得货币政策传导受阻；(5)金融体系外的因素（如国企决策行为软约束、社会保障制度不健全）。

Will had a happier way of drawing her husband into conversation and of deferentially listening to him.

威尔不仅能说会道，跟她丈夫谈得很投机，而且在她丈夫谈的时候，她总是洗耳恭听。

Rather, it would serve only to destabilize expectations and fuel more speculation, in my view.

相反，我认为这将只会破坏预期并助长投机气焰。

Meanwhile, the Fed sat back and watched as Wall Street's financial wizards engineered diabolically complicated investments linked to mortgages, generating huge amounts of speculative capital that turned real estate into a conflagration.

同时，美联储靠在椅背上眼睁睁看着华尔街的金融巫师们策划了魔术般复杂的按揭投资品种，纠集了数量庞大的投机资本把房地产市场投入火海。

A diktat last month made it clear that purely speculative activity – of the kind that sprung leaks at Citic Pacific and various Chinese airlines – would not be tolerated any more.

上月的一份指令明确表示，将不再容忍纯属投机的活动，此类活动曾使中信泰富和中国各航空公司大量亏损。

The disequilibrium resulted from the speculation of the stock investors is one of the tough problem in China stock market.

提要：股票投资者的投机行为及其所导致的股票市场的非均衡，是股票市场存在的难点之一。

While some of the provincial AICs have expressed their disfavour towards such applications and public opinion has shown some distaste for such speculation, others applaud such market sensitivity.

尽管一些省工商局已表示他们不赞成这类申请，普通公众也对这类投机表示了蔑视，一些人还是称赞申请人对市场的敏感。

In his view: First of all, to distinguish between "speculation" and "investment ."

他认为：首先，要区分"投机"和"投资"。

Media reports spoke of "real estate speculators Jiangzhe divestment Shanghai" the message, Shao non-express, even if such a situation does exist, it does not mean that is a kind of market trends.

媒体报道说，"房地产投机江浙撤资上海"的消息，邵非表示，即使这种情况确实存在，但这并不意味着这是一种市场趋势。

The Cabala, by which speculative Cabala is essentially meant, was in its origin merely a system of metaphysics; but in the course of its development it included many tenets of dogmatics, divine worship, and ethics.

该Cabala ，其中投机Cabala从本质上意味著，在其原产地是一个系统的形而上学；但在它的发展历程它包括许多信条教义学，神圣的崇拜，和职业道德。

Plunder melds and run with this jewel!

掠夺melds和运行与此宝石！

My dream is to be a crazy growing tree and extend at the edge between the city and the forest.

此刻，也许正是在通往天国的路上，我体验着这白色的晕旋。