Dealing with Inflation
; q! W. f" h. l6 g4 Y" r1 d" c 应付通货膨胀3 p$ d& |$ X; U8 J5 P( E- v
Situation 33 z. Q8 P) O/ F5 O, _& {. T$ A4 p
情景 3
% d! }8 P4 ~; c4 Q$ B# W' T Robert Albert ,president of Albert Electronics ,is talking aboutinflation and general financial conditions with his banker ,WilsonHall.
, H7 [& M5 n' S6 w$ d% F: u0 E 艾伯特电子公司总裁罗伯特·艾伯特正和他的银行职员威尔逊·霍尔在谈论通货膨胀和金融状况。
' I- ?" `# X: O0 `, h% ?8 @; Q Albert:I’m really concerned about the general financial situation ,Mr.Hall.; Z9 k, j" C2 J1 {- f1 g" S
艾伯特:霍尔先生,我对于目前金融价总的状况甚为关切。4 z6 `5 H6 ~3 N4 ` a+ H: H
We’ve been living with constantly rising prices for too long .9 C4 C2 I% _5 O
我们长期在物价不断上涨的情况下生活着,# @5 X9 { a7 I: W8 c2 U- D7 A
You would think that the tight money policies that the government has been following would starthaving some effect .
. d1 P9 a3 y D8 W# t 你大概认为政府所实施的银根紧缩政策已经开始产生一些效果。/ l' F) ~" B0 N1 p- B" s# j
Hall:I think they’re starting to work ,Mr.Albert .Interest rates have gone up substantially recently ,& Y' u4 {9 J' M
霍 尔:我认为这些政策已经开始生效,艾伯特先生。近来利率已大幅度提高,
: c- w3 @( @: q7 S and the availability of credit has been sharply curtailed .( @5 j$ l/ t. j5 A3 K
信贷的使用已大大削减。1 D# k, H9 y' F
Unfortunately ,however demand-pull inflation is not our only problem . t6 C% \" G! j3 M! Z
不幸的是,由需求而促成的通货膨胀并不是我们唯一的问题。) H- L3 x+ ], E# O$ T. b/ _1 u
A;Yes ,the new problem seems to be cost-push inflation ,or what the economists sometimes callsellers’inflation .5 s. x- t( R% g
艾伯特:是的,新的问题似乎是成本促成的通货膨胀,就是经济学家们有时称之为卖方通货膨胀。* b) Z9 y* c7 T ^1 b
H:Exactly .For example ,the rising costs of commodities and energy supplies over which we haveno real control .
2 N' K$ e, H% B6 ~5 t' n3 E' P 霍 尔:的确如此,譬如说,商品和能源的成本一直不断增加,对此我们没有得到真正的控制。
) B4 Y1 D" }( v% X& d. R! W% N Fiscal and monetary policies can’t do much to help us deal with this kind of inflation .
! ]0 S) ?* g! `! K+ y z% b6 O& f 财政和货币政策对于我们解决这类性质的通货膨胀也是爱莫能助。
1 \# s7 ^1 Z& m% o7 ^0 ? A:It must be very difficult for you as a banker to try to satisfy your customers during periods likethis .$ y1 u7 `( T) c3 g
艾伯特:处于这样的时期,你作为一个银行家,要想尽力去满足你的顾客们的要求肯定是很困难的。
' ?9 y9 }$ D5 {/ j; T1 J H:Indeed it is.Tight money policies make it necessary for us to turn down loan requests from manyclients or to increase the downpayment requirements on mortgage and installment loans .
; @$ Q2 Y" ~" {3 F5 J 霍 尔:确实如此。银根紧缩政策使得我们必须拒绝许多客户的贷款要求,或者增加抵押货款和分期贷款的定金。
' N5 }: u2 y! C7 ?: w A:Well,let’s hope we see an improvement soon.People on fixed incomes,particularly retired people,
' G5 ?4 l- o+ y+ G$ o0 v6 F 艾伯特:我们指望着不久将看到情况有所好转。眼下,那些靠固定收入的人们,特别是那些退休的人,7 } o, H& {/ h* Z& s% ?4 u
must be having a terrible time making ends meet.9 j1 b5 t; ?) F$ L) n
为维持生计一定会碰到不少困难。 |