Dealing with Inflation
应付通货膨胀

Robert Albert ,president of Albert Electronics ,is talking about inflation and general financial conditions with his banker ,Wilson Hall.
艾伯特电子公司总裁罗伯特·艾伯特正和他的银行职员威尔逊·霍尔在谈论通货膨胀和金融状况。
Albert:I'm really concerned about the general financial situation ,Mr.Hall.
艾伯特：霍尔先生，我对于目前金融价总的状况甚为关切。
We've been living with constantly rising prices for too long .
我们长期在物价不断上涨的情况下生活着，
You would think that the tight money policies that the government has been following would start having some effect .
你大概认为政府所实施的银根紧缩政策已经开始产生一些效果。
Hall:I think they're starting to work ,Mr.Albert .Interest rates have gone up substantially recently ,
霍 尔：我认为这些政策已经开始生效，艾伯特先生。近来利率已大幅度提高，
and the availability of credit has been sharply curtailed .
信贷的使用已大大削减。
Unfortunately ,however demand-pull inflation is not our only problem .
不幸的是，由需求而促成的通货膨胀并不是我们唯一的问题。
A:Yes ,the new problem seems to be cost-push inflation ,or what the economists sometimes call sellers'inflation .
艾伯特：是的，新的问题似乎是成本促成的通货膨胀，就是经济学家们有时称之为卖方通货膨胀。
H:Exactly .For example ,the rising costs of commodities and energy supplies over which we have no real control .
霍 尔：的确如此，譬如说，商品和能源的成本一直不断增加，对此我们没有得到真正的控制。
Fiscal and monetary policies can't do much to help us deal with this kind of inflation .
财政和货币政策对于我们解决这类性质的通货膨胀也是爱莫能助。
A:It must be very difficult for you as a banker to try to satisfy your customers during periods like this .
艾伯特：处于这样的时期，你作为一个银行家，要想尽力去满足你的顾客们的要求肯定是很困难的。
H:Indeed it is.Tight money policies make it necessary for us to turn down loan requests from many clients or to increase the downpayment requirements on mortgage and installment loans .
霍 尔：确实如此。银根紧缩政策使得我们必须拒绝许多客户的贷款要求，或者增加抵押货款和分期贷款的定金。
A:Well,let's hope we see an improvement soon.People on fixed incomes,particularly retired people,
艾伯特：我们指望着不久将看到情况有所好转。眼下，那些靠固定收入的人们，特别是那些退休的人，
must be having a terrible time making ends meet.
为维持生计一定会碰到不少困难。