But, in 2011, most of the equilibration will likely take place through inflation.
但在2011年，通胀可能才是通向均衡之路。
An alternative way to lift a real exchange rate is through higher inflation than abroad.
取而代之的一个提升真实汇率的方法是通过比境外高的通胀。
But, the world has gone through a property bubble during a period of inflation.
但是世界已经在通胀中经历过一次房产泡沫。
More recently, the gold price has risen through a period of low inflation.
而近期金价的上涨却发生于低通胀时期。
Nevertheless, a further sharp fall in the dollar would eventually feed through into inflation.
但是，如果美元发生进一步的大幅贬值，则将对通货膨胀产生切实的影响。
Generally speaking, fiscal policy can affect inflation through seigniorage effect and wealth effect.
财政政策一般可以通过铸币税效应和财富效应影响通货膨胀。
Generally speaking, fiscal policy can affect inflation through seigniorage effect and wealth effect.
财政政策一般可以通过铸币税效应和财富效应影响通货膨胀。
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