It was my Peruvian guide, Cho, who came up with a solution: instead of passing through the hostile village, we'd inflate our rubber rafts and paddle over to a long shingle island.
我的秘鲁向导曹(Cho)想出了一个办法：不穿过这个有敌意的的村落，我们须将橡皮筏充气，将皮筏划过一个很长的布满小圆石的岛屿。
Given that the fund is more likely to inflate its estimation of the illiquid assets, it would seem that investors who withdraw early get the better returns over that time period.
鉴于该基金更希望抬高其预估的非流动性资产，所以就会看到，早些时候撤回的投资人，在那段时间得到了较好的回报。
Just as previous interest-rate cuts by the Fed helped to pump up both the dotcom bubble and America's housing bubble, further easing over the next year could inflate emerging markets even more.
就像美联储之前调低利率，以助涨互联网和美国房产泡沫一样，明年继续放松流动性能继续加大新兴市场通胀。
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