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通货膨胀

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This became a new factor obstructing economic growth. To emerge from this situation the government took steps to expand domestic demand and turned determinately from a moderately contractive monetary and fiscal policy to an active fiscal policy and a steady monetary policy. During 1998—2002 these policies were carried out with satisfactory results. Through the above two occasions of macro-economic adjustment and co-ordination, we accumulated useful experiences not only in combating inflation and in soft-landing, but also in acquiring a new understanding on how to expand domestic demand and deal with deflation.

以实现经济"软着陆"为主旨的1993-1996年的宏观调控,从整顿金融秩序入手,以适度从紧的货币政策为主,配合以相应的财政政策,辅之以必要的行政法律手段和组织措施,终于成功地避免了以往调控后出现的经济大起大落现象,在保持经济稳定增长的同时,有效地抑制了通货膨胀,实现了高增长、低通胀的"软着陆"目标。

Replaces units of exchange such as the French franc, the Italian lire and the German deutsche mark. The euro is intended to simplify pricing, stem inflation, and strengthen the economic policies of the member countries.

欧元的发行替代了原来法国的法郎、意大利的里拉、德国的马克,目的是统一定价、阻止通货膨胀、加强成员国间的经济政策。

And China's inflation must be lower than three percent and China's RMB cannot devaluate.

因此,我们必须确保今年中国的发展速度达到8 的发展速度达到8%,中国的通货膨胀必须小于3 中国的人民币不能贬值。

By this we can ruin their credit, and make their currency devaluate and inflate.

这样我们就有十足的把握来摧毁他们的信用,使他们的货币贬值,发生通货膨胀

And Chinas inflation must be lower than three percent and Chinas RMB cannot devaluate.

因此,我们必须确保今年中国的发展速度达到8%,中国的通货膨胀必须小于3%,中国的人民币不能贬值。

With regard to the first "ensure", as we are now faced with the formidable challenges due to the financial crisis in Southeast Asia. So we must ensure that the economic growth rate of China for this year must reach 8%, and China's inflation must be lower than 3%. China's RMB can not devaluate.

一个确保,就是因为我们当前面临着东南亚的金融危机,中国目前面临着严重的挑战,因此我们必须确保今年中国的发展速度达到8%,中国的通货膨胀必须小于3%,中国的人民币不能贬值

So we have full assurance to destroy their credit so that their currency devaluation, inflation.

这样我们就有十足的把握来摧毁他们的信用,使他们的货币贬值,通货膨胀

To be precise, inflation is monetary devaluation brought by non-price factors in the operation of market economy.

准确地说,通货膨胀是市场经济运行中出现的非价格因素的货币贬值。

Therefore, I think, the current inflationary pressure has not diminished.

因此,我认为,当前的通货膨胀压力并没有减少。

Therefore, diminishment of the affluent, through the impact of inflation on their investments, will not even provide material short-term aid to those who are not affluent.

所以,通过通货膨胀对投资的影响来减少富人,这对穷人来说连短期的实际帮助都没有。

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