Now, what happened was the U.S. Government-- or the Massachusetts Government--had created high inflation during the war and nobody wanted to lend money to it so they create here a price index.

当时的美国政府,或者说麻省州政府在战争期间引发了高通胀,以至于没人愿意借钱给他们,于是他们制定了一个价格指数

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Stagflation was a term that was developed in the 1970s to refer to a time when inflation is we have both high inflation and high unemployment; and so we're in that situation apparently again.

这种现象有个名字，叫做滞胀,滞胀是一个在二十世纪七十年代,发展出来的术语,指的是通货膨胀中的一段时间;,我们同时有高的通货膨胀和高的失业率；

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Inflation rates had gotten very high even in Germany where anti-inflation sentiment was the highest.

通货膨胀率仍然很高，甚至在,反通货膨胀的情绪最高涨的德国。

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Last year we had 4% inflation 4% inflation is high by traditional standards.

去年，我们有4%的通货膨胀,用传统标准衡量，4%是很高的了。

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The general view is that if it's not extreme the rise is not too extreme it's good for the health of the economy as long as we don't have inflation that's too high.

一般的观点是如果它不极端,价格提升不太严重的话,只要我们没有太高的通货膨胀,它就对经济有好处。

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