贬值

Luckily we have the man who slayed inflation the last time around, Paul Volcker back where he belongs in Washington.

2.85%！聪明的人们都打算在那些当美元贬值、国库券和兑换比率迅疾上涨、商品价格居于高位时赚钱的生意上投资。

European and Japanese bonds may have less downside than the US treasuries but they are also vulnerable to repricing.

欧洲、日本的债券虽然比美元的贬值幅度要小，但当面对通货膨胀时，它们的价格一样的弱不禁风。

A country that is over-leveraged living beyond its means will itself be repriced through its currency.

一个过度举债的国家将被重新定价，其货币将贬值，导致所有国民的生活水平下降。

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。

By "recentring" the policy band that pegs the Singapore dollar to an basket of currencies, the Monetary Authority of Singapore gains a pitifully modest devaluation estimated by analysts at about 1-2.5 per cent.

怎么办？通过调整新元兑一篮子货币汇率政策区间的&中心点&，新加坡金管局(Monetary Authority of Singapore)实现了可怜的微幅贬值--分析师估计约为1%至2.5%。

In some states—notably Rhode Island, Massachusetts, Connecticut, and South Carolina—the bills were commonly overissued, thereby depreciating their value relative to specie.

在罗德岛、马萨诸塞、康涅狄格和南卡罗来纳等州，这种单据通常过量发行，使其相对于硬币有所贬值。

Even though the price of gas has crashed through the $3-a-gallon barrier and looks hellbent on nailing $4 a gallon before the year is out, even though the sub-prime mortgage fiasco has trashed the home market and sent the nervous nellies on Wall Street into a tailspin, and even though the greenback is now worth about as much as Monopoly money, America still loves a pickup truck.

纵然汽油价格突破3美元一加仑，而且看起来08年前还将维持在4美元一加仑；纵然&次贷危机&让住宅市场陷入低迷，让敏感的华尔街变得萧条；纵然现在美元就像在大富翁游戏中一样不停贬值，从等离子电视机到金枪鱼寿司，所有东西都在涨价，美国人仍然喜欢皮卡。

They have prevented the yuan from appreciating against the dollar for over a year.

他们已经花了一年时间阻止人民币对美元的贬值。

Amid all of this political teeth-gnashing, Mr Fukui has been anxious to wean Japan off its addiction to cheap money.

在全部行政努力中，俊彦先生高度重视断绝日本人对贬值货币的偏好。

Neither the killing of Mr Zarqawi nor any breakthrough on the political front will stop the insurgency and the fratricidal murders in their tracks.

在对危险的南部地区访问时，他斥责什叶派民兵领导人对中央集权的挑衅行为。

In fact,I've got him on the satellite mobile right now.

实际上 我们已接通卫星可视电话了