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

然而，应对挑战需要套不同的工具，套既借鉴过去，也包含新技巧的工具。

You'll meet the stagflationary impulse and something called the freakout channel.

你会遇到动以及个被称为恐慌渠道的东西。

No, I am too young to remember the last stagflationary event.

不，我太年轻了，对上次事件没有记忆。

Uh, tariffs are taxes that three are stagflationary for the world as a whole.

关税是种税收，它们对全球整体而言具有效应。

The tariffs are stagflationary — they lower growth and increase prices, at least at one point.

关税具有性——它们降低经济增长并推高物价，至少在某时刻是如。

The last thing you want to be stuck in during a stagflationary environment is long-duration bonds.

在环境中，你最不希望持有的就是长期债券。

During a stagflationary environment, you wanted to be in stocks over bonds.

在环境中，你应选择股票而非债券。

I mean, the worst case scenario still remains that we end up in some sort of stagflationary environment.

我的意思是，最坏的情况仍然是，我们最终陷入某种涨环境。

The collapse in confidence is consistent with stagflationary concerns, which we expect to unfold over the coming year.

信心的崩溃与我们对未来年可能出现的担忧相。

They would be like, we would love to live in that kind of stagflationary environment.

们会说，我们很乐意生活在那样的环境中。

You know, stagflation feels like an end state, so to be mildly stagflationary is strange to me.

你知道，听起来像是个最终状态， 因被称为“轻度” 对我来说很奇怪。

Energy is a great place to be if you're in a stagflationary setup, absent a recession.

如果你处于环境，而没有陷入衰退，能源行业将是个绝佳的选择。

But it's directionally a stagflationary direction, which is to say big tariffs drive up prices and drive down economic growth.

但总体方向是朝发展的，也就是说高额关税会推高价格并抑制经济增长。

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.

击会让人想起1973年的赎罪日战争，那场战争引发了那十年中两次能源危机中的第次。

So it's difficult to say, you know, with any certainty the UK is going to head into some kind of stagflationary spiral.

因，很难断言，英国肯定会陷入某种螺旋。

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

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

Given the present and possibly future stagflationary economic landscape, investing in things that would crush you has historically proven to be a good bet.

鉴于当前以及可能未来的经济形势，历史上证明投资那些可能会压垮你的事物是个不错的赌注。

What are your takeaways from that period as you think about the stagflationary impulse and kind of the new pressures you're seeing now?

你认为在那段时期有哪些收获，特别是关于动以及你现在看到的新压力？

This should be a good time to be warmer The Droyend of American retailers that came of age in the stagflationary era of the 1970s.

这应该是零售商温暖起来的好时机，特别是那些在美国上世纪70年代时期成长起来的零售商。

All we can say for sure is that the last couple of weeks has had a stagflationary flavour to it, and that's just not what you wanna see.

我们唯能确定的是， 过去几周呈现出的特征，而这正是你最不愿看到的。