But pay freezes and wage cuts may soon change people's minds.

但工资的冻结与削减很快会改变人们的想法。

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So far, expectations of inflation remain stable: that sentiment is itself a welcome bulwark against deflation. But pay freezes and wage cuts may soon change people's minds.

目前为止，美国人对于通货膨胀的预期没有变化，这种预期本身就是预防通货紧缩的壁垒，人们喜欢这种预期，但是企业减少工资可能迅速改变人们想法。

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Price rises change expectations of inflation, leading workers to bid for wage increases that preserve their buying power and firms to push through price increases, generating a vicious spiral.

价格上涨改变通胀预期，致使工人为维持购买力而要求涨工资，企业推动价格上涨，从而产生一个恶性工资-价格螺旋。

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And trust me, it wouldn't have been honey. But it was the fact that the honey had an opportunity to really change the lives of those people and provide them with a living wage."

VOA: special.2009.06.29

The change in the minimum wage is going to be a change in the wages of perhaps 2%, maybe 1.5% of the entire labour force of the whole country.

FORBES: Greg Mankiw's Excellent Question: Why a $9 Minimum Wage? Why Not $90? Or 90 cents?

But pay freezes and wage cuts may soon change people's minds.

ECONOMIST: Inflation is bad, but deflation is worse

One key trigger of this change is rapid wage growth stemming from the emerging labor shortage.

FORBES: China, On The Road To High Income Country Status