But cautious incrementalism, ironically, risks letting the world slip ever further down the deflationary spiral.
但是讽刺的是,在要警惕渐进主,这种风险会把缩循环带向更深的深渊。
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But the economy has not shrugged off the effect of austerity.
但经济并未摆脱财政紧缩的影响。
That's enough to fend off economy-harming deflation.
这就足以抵御有害于经济的通货紧缩的影响。
This is historic for Japan, which has seen years and years of deflation.
这对经历多年通货紧缩的日本来说是历史性的变革。
The pace of tightening would normally be expected to drive up unemployment.
紧缩的步伐通常被认为会推高失业率。
At the moment, a tight labor market and companies' fears of bad publicity provide some protection.
目前,紧缩的劳动力市场和公司对负面宣传的担忧为员工提许保护。
But the main culprit is a collective, premature shift to fiscal austerity by governments.
但是最主要的首是各国政府实施集体的不成熟的向财政紧缩的转变。
Voters look at to punish Mr. Samaras for the austerity he's pushed through in government.
选民们希望能惩罚推行紧缩政策的萨马拉斯。
But the collective obsession with short-term austerity across the rich world is hurting.
但是在西方世界,所有成员对于短期紧缩的迷失正在加剧。
Well, speaking of austerity these ideas of rationing and austerity really define this era in terms of personal appearance.
说到紧缩,这定量配给和紧缩的想法真正定义这个时代的个人外表。
The Federal Reserve has raised short-term rates by two percentage points since it started tightening monetary policy in 2015.
自2015年开始推行紧缩的货币政策以来,美联储的短期利率上调两个百分点。
We've found evaporating planets, disintegrating planets, planets clustered together in a clockwork dance, ultra-puffy planets, ultra-dense planets.
我们还发现蒸发行星、解体行星、以机械运转形态聚在一起的行星、过度膨胀的行星、过度紧缩的行星。
At the moment, a tight labor market and companies' fears of bad publicity provide some protection. But just some.
目前,紧缩的劳动力市场和公司对负面宣传的担忧为员工提许保护,但保护力度很小。
Mr Hollande was elected on a promise to kick-start growth, cut unemployment and end austerity.
奥朗德带着促进经济增长,降低失业率和终结紧缩的承诺上任。
The continued recession highlights the struggles brought on by austerity measures.
持续的衰退突出紧缩措施带来的影响。
But then, in 2008, with the economy constricting, the money pouring in began to dry up.
但到 2008 年,随着经济的紧缩,大量涌入的资金开始枯竭。
One is the ongoing fiscal contraction.
第一个因素是持续的财政紧缩。
The cut is also part of wider austerity measures to help the economy.
此举也是帮助经济的更广泛的紧缩措施之一。
Voters' support for ongoing austerity depends on a disproportionate share of any new revenue coming from the wealthy.
选民们对于正在进行的财政紧缩政策的支持取决于任何来自于富人的新税收的不成比例的份额。
Even if there are not additional firings, Wall Street's retrenchment will take a toll.
即使没有额外的裁员,华尔街的紧缩也会造成损失。
I see demand side cooling as the kind of primary factor in the disinflation.
我认为需求面降温是通货紧缩的主要因素。
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