...话说,美国若要阻止债券泡沫爆破(扯高市场利率),就得印更多的钱买入包括国债在内的各类资产,货币贬值(currency debasement)无可避免,为恶性通胀种下祸根。黄金和其他资源商品近日的走势,已反映了市场此种看法。
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Just because American wheat farmers gain a definite advantage from currency debasement doesn't mean it is a good idea.
只是因为美国麦农从货币贬值那里获得一点好处并不意味就是个好主意。
Just consider the diverse economic backdrops that have caused its price to spike over the years: stagflation, financial panic, speculative mania and currency debasement.
只须想想多年来导致金价飙升的种种经济背景:滞涨、金融恐慌、疯狂投机,以及货币贬值。
The world will become desperate for alternative currencies to act as replacements for the traditional reserve currencies once their currency debasement efforts really take root.
一旦这些货币的贬值努力真的生效,整个世界将迫切希望有其他可供选择的货币来作为传统储备货币的替代品。
So war time periods were typically periods of great inflation and debasement of the currency.
所以,战争时期通常是,严重的通货膨胀,和货币改造的时期。
Inflation is the most important thing according to many views because the Fed has to guarantee the soundness of the money supply -- and there have been so many cases in history when the central bank allowed debasement of the currency through inflation.
通货膨胀是最重要的事情,根据很多观点,因为美联储必须保证,货币供应的稳固,并且在历史上有太多的例子,当中央银行允许,通过通货膨胀改造货币。
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