it is not often that the world finds itself facing the stagflationary risk of lower demand and lower supply at the same time.
目前世界经济同时面对需求降低和供给减少,这种滞胀局面并不常见。
his apparent reluctance to consider it may be related to the dilemma a central bank faces in an age of stagflationary energy prices and tightening fiscal policy.
伯南克明显不愿考虑这点,可能与央行在滞涨效应的能源价格和财政政策收紧时期面临的两难有关。
in the short run, regional developments will be stagflationary for the global economy due to three main factors: first, higher oil prices will increase production costs and act as a tax on consumers.
the value of the london stockmarket more than doubled in 1975, in the midst of a stagflationary crisis and the year before britain had to ask the imf for an emergency loan.