GDP(购买力平价)。
尽管通胀十分严重，许多国家恢复了战前的金平价。
Despite high inflation in the meantime, many countries restored their pre-war gold parities.
谁记得三个月前，有过振奋人心的美元与欧元平价预言？
Who remembers that three months ago there were heady predictions of dollar parity with the euro?
但是，更广泛的购买力平价措施表明日圆接近合理价值。
But broader measures of PPP suggest the yen is close to fair value.
欧元高于其购买力平价率35%，稍高于其半年前的指标。
The euro comes in at 35% over its PPP rate, a little higher than half a year ago.
因此购买力平价对于衡量有相似收入的国家来说更为合适。
So PPP gauges are better guides to misalignments between countries with similar incomes.
根据购买力平价理论推导，高通胀货币应当对低通胀者贬值。
The theory of purchasing-power parity (PPP) implies that high-inflation currenciesshould depreciate, relative to harder monies.
最近几个月来，食品涨价导致这种平价面包出现短缺。
In recent months, rising food prices have fueled a shortage of this subsidized bread, leading to long lines and short tempers.
在一定程度上，比如根据购买力平价汇率，美元对欧元依然贬值。
On some measures, such as purchasing-power parity, the greenback still looks cheap against the euro.
正像法国和德国的度假者发现的那样，美元比购买力平价基准便宜。
And as French and German holidaymakers are discovering, the dollar is cheap against a PPP benchmark.
由于汇率不必由黄金平价决定，前者可以通过降低利率来刺激消费。
Freed from the need to uphold a gold-price parity, these countries could lower interest rates and so stimulate spending.
购买力平价是以2005年世界银行牵头的全球价格调查为基础的。
PPPs are based on a global survey of prices led by the World Bank in 2005.
因此，购买力平价的对比在收入水平相似的国家之间要更可靠一些。
Consequently PPP comparisons are more reliable between countries with similar levels of income.
现在英镑对美元已经接近其公平价值，而且对欧元还略便宜些。
Now it is close to its fair value against the dollar and looks cheap against the euro.
一些购买了平价面包的人走到街道另一端，转手就以双倍的价格卖掉。
Some people who buy the subsidized product resell it just down the street for twice the price.
一些购买了平价面包的人走到街道另一端，转手就以双倍的价格卖掉。
Some people who buy the subsidized product resell it just down the street for twice the price.
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