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The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure.

  • -- William Vickrey 威廉·维克里

限制性货币政策的供给侧效应可能是反常的，因为高利率会增加成本，从而产生通胀压力。

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Policy Pressure

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The majors, they have to control the distribution, the record outlets, the radio and, in some cases, even the venues. And downloading and pirating have also put pressure on the majors.

大唱片公司必须控制发行，唱片公司，电台，在某些情况下，甚至是场地。下载和盗版也给各大唱片公司带来了压力。

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You've had an extremely weak euro on the foreign exchange markets, you've had a very dubious policy being followed.

欧元在外汇市场上极度疲软，政策也非常可疑。

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There is such pressure on kids these days to be the best at everything.

如今，孩子们承受着如此大的压力，要把每件事都做到最好。

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A common currency imposes on us a duty to cooperate more on policy.

共同货币赋予我们在政策上进行更多合作的责任。

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