Britain should, of course, try as hard as possible to reverse some of the recent increase in commodity prices, especially by taking tougher measures to reduce oil demand.

当然，对于最近剧增的商品价格，英国应当尽可能的努力加以缓解，特别是要设法限制对于石油的需求。

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This decision is also hard to make because when you are a backend technology provider, it's like selling a piece of commodity.

之所以这是一个困难的决定还因为，当作为后台技术提供商时，就像出售一件商品似的。

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Fed cuts, they argue, are doing little to reduce borrowing costs but have sent commodity prices soaring-fuelling inflation and hitting Americans' wallets hard.

他们认为美联储减息对减少借贷费用起效很小，但一直使商品价格飙升——激起通货膨胀而使美国人的钱夹受到猛烈打击。

youdao

This decision is also hard to make because when you are a backend technology provider, it's like selling a piece of commodity.

之所以这是一个困难的决定还因为,当作为后台技术提供商时，就像出售一件商品似的。

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At which point the problem reverts back to the previous problem facing any central bank trying to manage a fiat currency a problem the post-Bretton-Woods experience has revealed to be insoluble without a market-based link to a hard commodity like gold to reveal money demand through the price mechanism.

FORBES: Mundell's Dollar/Euro Fix Doesn't Fix Our Currency Mess

More likely, he believes that driving the system toward a single fiat paper currency is a precursor to slipping a hard commodity anchor onto that single world paper currency at just the critical moment easier to bell a single cat than herd them all into a corral and tag them each individually.

FORBES: Mundell's Dollar/Euro Fix Doesn't Fix Our Currency Mess

Yet despite that and a long upward march of commodity prices, the hard-assets industry has not really attracted much of an aura.

FORBES: Magazine Article