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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 pressure people put on themselves and the rivalry between the teams is much more marked. And I think that's a good thing. As long as that rivalry remains within the spirit of competition, it con only spur everyone on.

人们给自己施加的压力和两队之间的竞争更加明显。我认为这是一件好事。只要这种竞争仍然存在于竞争的精神之中，它只会激励每个人前进。

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We always see ourselves as constant, and others as less so, no matter what policy shifts we ourselves may have been guilty of.

我们总是认为自己是不变的，而其他人则不然，不管我们自己可能犯了什么政策上的错误。

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I wouldn't want the pressure of a Six Feet Under or the pressure of improvising like Curb Your Enthusiasm.

我不想承受六英尺以下的压力，也不想承受即兴发挥的压力，比如抑制你的热情。

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Whatever the details of union may be, there's no doubt we need more policy coordination in Europe.

无论欧盟的细节如何，毫无疑问，我们需要在欧洲加强政策协调。

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