Nevertheless, some governments' policymakers insist that direct controls on wages and prices, without tight monetary and fiscal policies, can succeed in decreasing inflation.

然而，一些政府的决策者坚持认为，在不采取紧缩的货币和财政政策的情况下，直接控制工资和价格能够成功地降低通胀。

youdao

The danger comes when loose monetary conditions and an overheating economy mean prices and wages chase each other upward.

危险在于宽松的货币环境和过热的经济意味着物价和工资会你追我赶，螺旋上涨。

youdao

The danger comes when loose monetary conditions and an overheating economy mean prices and wages chase each other upward.

但宽松的货币状况和过热的经济意味着价格和工资彼此追赶螺旋上升时，危险就来了。

youdao

Then we can talk about whether fiscal and monetary stimulus boosts wages and profits.

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And so in both cases, the monetary authority can help out by producing enough inflation to bring real wages down to a level where supply and demand are brought back into balance.

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The price is still being paid with wages and costs being slashed in an attempt for these mainly southern countries to regain competitiveness within a monetary union.

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