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Inflation is not always the main problem, or indeed a problem at all. Sometimes, though rarely, deflation is a more serious threat, and we need to shelve many of the orthodoxies we have held so dear.

  • -- Gavyn Davies 戴维斯

通货膨胀并不总是主要问题，甚至根本不是问题。有时，尽管很少，通缩是一个更严重的威胁，我们需要搁置许多我们一直珍视的正统观点。

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Inflation Serious Problem

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Of course, looking tough on inflation is part of any central banker's job description: if investors believe that inflation is going to get out of control, you end up with higher interest rates and capital flight, and a vicious circle quickly ensues.

当然，对通胀持强硬态度是任何央行行长职责的一部分:如果投资者认为通胀将失控，最终将导致利率上升和资本外逃，恶性循环很快就会出现。

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They think I'm depressed because I look serious in photos. It's usually because I'm just nervous. But I've stopped dressing for other people. If I think I look good, that's the most important thing.

他们认为我很沮丧，因为我在照片上看起来很严肃。通常是因为我太紧张了。但我已经不再为别人穿衣了。如果我觉得自己看起来不错，那是最重要的。

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But the problem is that when I go around and speak on campuses, I still don't get young men standing up and saying, 'How can I combine career and family?'

但问题是，当我在校园里四处演讲时，仍然没有年轻人站出来问，‘我如何才能把事业和家庭结合起来?’

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God is serious about how we worship him, and we must be serious about it, too.

神对我们如何敬拜他是严肃的，我们也必须严肃对待。

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Foreign trade clearly has been a reason why inflation has been low.

很明显，对外贸易是通货膨胀率低的一个原因。

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The easiest way to solve a problem is to pick an easy one.

解决问题最简单的方法就是选一个简单的。

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