如果通胀上升，不利于估值，如果经济萧条，有碍于盈利。

If inflation returns, that will be bad for valuations; if recession wins out, that will be bad for profits.

youdao

贝南克也对国内批评者予以还击，他说，如果美联储不采取行动，失业率可能会继续上升，而通胀率过低，并且还有可能进一步下降。

Mr. Bernanke also makes his case against domestic critics, arguing that unemployment could keep rising without action by the Fed and that inflation was too low and could fall further.

youdao

如果价格水平没有上升，那么对通胀的担忧又来自何处？

So if prices aren't rising, why the inflation worries?

youdao