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The combination of rising inflation and slowing growth may bear a worrying resemblance to the stagflationary 1970s, but there has been a sea-change in advanced economies since then.

上扬通胀和放缓经济增在一起,可能带来似70年代令人担胀,但是自那以后发达经济体有了彻底突变。

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经济学人(汇总)

However, the stagflationary challenge requires a different toolkit that borrows from the past and also involves new tricks.

然而,应对胀挑战需要一套不同的工具,一套既借鉴过去,也包巧的工具。

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经济学人(汇总)

The stagflationary shock would carry echoes of the Yom Kippur war of 1973, which sparked the first of the two energy crises of that decade.

胀冲击会让人想起1973年的战争,那场战争引发了那十年中两次能源危机中的第一次。

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经济学人 Finance and economics

Best of all for an investor fearing high inflation and low growth, commodity futures had an average excess return of 10% in stagflationary years.

对于担心高通胀和低增长的投资者来说, 最重要的是,商品期货在胀年份的平均超额回报率为 10%。

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