No, it does not involve any production activities. It is only a form of wealth transfer.
不是，它没有带有任何生产活动，只是财富转移。
Only by removing the equity basis that gives rise to wealth transfer, can our MBO be made value-crating.
只有消除产生财富转移的股权基础，我国MBO才能够真正实现价值创造。
The cost of delay is a deadweight loss, whereas a higher price would be merely a wealth transfer to the sellers and would finance an increase in supply.
延迟的成本是额外的损失，然而，高价可能仅仅是对售卖方的财富转移，并能为供给的增加提供资金支持。
We now import roughly $1 billion worth of oil every single day, a huge wealth transfer out of the country into, often, the bank accounts of our adversaries.
我们现在每天进口价值大概10亿美元的石油，巨额的财富由美国转出，并经常会转移到敌国的银行帐目上。
The wealth transfer could sustain high consumption growth for years, which would result in a good Labour market and rising wages, further fuelling consumption.
财富转移能够维系未来消费的高速增长，从而带来一个良好的劳动力市场和不断上升的工资水平，进而反哺消费。
Through an analysis, this paper holds that the crux of recessive MBO lies in the direct stake driving brought about by the effect of large wealth transfer.
本文通过分析认为隐性M BO产生的实质在于巨大的财富转移效应引起的直接利益驱动。只有消除产生财富转移的股权基础，我国MBO才能够真正实现价值创造。
Chinese housing price has rise continually in recent years, as well as town Gini Coefficient, whose variation is generally regarded as a symbol of towner wealth transfer-effect.
近年来我国城镇商品房销售价格持续上涨，表征城镇居民财富转移效应常用指标的城镇基尼系数变化亦总体呈上升趋势。
With this massive global wealth transfer among the world's newest superrich already underway, 2 out of 3 superrich consider "succession and inheritance issues" to be their biggest concern.
发生在全球新兴超级富豪之间的全球资产转移已经启动，而且规模庞大，三分之二的超级富豪们对“资产继承和遗产问题”是最为关注的话题。
What if the world's investors decided to transfer 3 to 5 percent of wealth out of cash and into hard money?
如果全世界的投资者决定将3%到5%的财富从现金转移到金属货币，那么会发生什么？
It was designed to slowly drain the massive wealth of the American people and transfer it to the elite international bankers.
它被设计用来慢慢吸干美国人民的巨大财富并把它转移到国际精英银行家们手中。
This just increases the transfer of wealth from net depositors, who are households for the main part, to net borrowers, who are the state and corporate sector.
这仅仅是增加了将主要为家庭存款人的财富转移到净借款人手中，而他们是国家和公司。
But handing out emission permits does, in effect, transfer wealth from taxpayers to industry.
但是这样发放排放许可确实在实践中会将纳税人的财富转移向工业企业。
That this burst of inflation has been caused mainly by rising oil and commodity bills should make it clear that a transfer of wealth is happening on a global scale.
毫无疑问，这次突发性通货膨胀的主因是石油以及商品价格的暴涨，这造成了全球范围内的财富转移。
According to U.S. Trust, 27% of surveyed parents never discussed the transfer of wealth with their adviser and a third never broached the topic of their heirs.
根据美国信托的数据，27%的受访者从未与他的顾问提及财产转移之事，三分之一的人从未向他们的继承人提起这些事。
Taxes, rules and regulations, corporate bailouts, subsidies, protection from competitors and transfer payments are all one-sided exchanges and when excessive, reduce the wealth of our society.
税收，规章制度，集体财政紧急救助，补助金，竞争者的保护和转移支付都是单方面资金流动。当他们的数量太大时，会减少我们社会的财富。
There was a great transfer of wealth from saver to debtor, though the Reichstag later passed a law linking old contracts to the gold price.
财富实现了从储蓄人到债务人的重大转变，尽管后来国会通过了法律，将原有的金融合同与黄金价格挂钩。
Which is good news only if you like this summer's oil spill, mountaintop removal mining, catastrophic climate change and the ongoing transfer of wealth from the U.S. to oil-producing countries.
如果你喜欢今年夏天的原油泄漏、灾难性的气候变化、山顶移除开采、以及财富不断从美国转到石油产出国手中，这倒是个好消息。
"What we have witnessed over the past five to six years has been nothing short of a historically unprecedented transfer of wealth," he said.
“过去五到六年间我们见证的是史无前例的财富转移，”他说。
The Fed's decision to double the quantity of dollars will have constituted a transfer of wealth from American consumers and importing firms into the pockets of American exporters.
美联储的加倍发行美元的决定会把美国消费者和进口商口袋里的钱转移到美国出口商那里。
He wants more support for nuclear power and fears the House bill will transfer wealth from the heartland.
他希望有更多的人支持核电，担心众议院的法案会把财富转向腹地。
The holders of the winning tickets have to pass security checks before meeting with a private banker who handles the money transfer and advisers who discuss how to deal with their new-found wealth.
中奖者将首先通过安检，然后与个人银行经理和私人顾问一一见面，前者负责资金转帐，后者为他们规划新财富出谋划策。
Its critics say it promotes a vast transfer of wealth from the young to the old, which is unfair since older people are, on average, much richer.
AARP的批评者说它促进了巨额财富从年轻人到老年人的转移，这是不公平的，因为这使得老年人在平均水平上变得更加富裕了。
Using inflation to transfer wealth from savers to debtors may help boost spending.
借助于通胀将财富从储蓄者手里转移到债务者手里或许会刺激消费。
Additional oil (and gas) from offshore drilling would lower US spending on imported oil, and thereby reduce the transfer of wealth from Americans to other oil and gas producers.
近海开采带来的更多的油、气将降低美国在进口石油上的消费，同时也减少了美国人向外国石油厂商的财富转移。
This would be nothing more than a transfer of wealth or income to the X industry.
这只不过是将财富或收益转移到某产业。
This would be nothing more than a transfer of wealth or income to the X industry.
这只不过是将财富或收益转移到某产业。
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