英语翻译Hyperinflation (极度通货膨胀)　is defined as an economic condit

英语翻译
Hyperinflation (极度通货膨胀)　is defined as an economic condition during which there is a steep increase in prices.In accordance with the laws of economics,three factors combine to create this condition.First,demand must be much greater than the supply of available goods.Second,the country must continuously create and thereby build up an ever increasing supply of money.Third,the governmental processes that are used to collect taxes must be crippled.Let’s imagine a country where production is barely accomplishing its goal to keep up with demand.When this happens,the government should decrease the salaries of the workers by raising taxes.But the government is powerless to collect the taxes,so it prints more money to compensate for(补偿)the goods it must purchase.This new money goes to the workers who produced the goods:as a result,the people are not forced to give up certain things for a while – they actually become richer.While this might appear to be a positive step,it is actually regressive.Every month the government is forced to print more and more money,thereby increasing its liabilities (债务) until it is destroyed.The only way to prevent total economic collapse in such a situation is for the government to increase taxes in a manner that is characterized by impartiality (公正) to everyone involved.

极度通货膨胀,是对某一时期物价急剧上涨这一经济现象的定义.与经济学定律相一致,这种现象由三个因素所引发.第一,商品的需求量大大超过供应量；第二,国家必须持续增加货币发行量；第三,政府的税收职能出现缺陷.假设某个国家,其产能仅仅勉强能满足国内需求,这种情况下,政府应该通过增加税收来降低工人的工资.但是由于政府无力进行税收,那它就只能通过印刷更多的货币来补偿必需品的价值.这些新增加的货币,流向生产商品的工人,结果,人们不得不暂时放弃某些商品,而此时实际上他们变得更加富有了.这看起来像是一个有利的过程,但实际上却是一种经济的退化过程.每个月政府都必须印制发行更多的纸币,由此而不断增加其债务,直至经济崩溃.这种情况下,避免经济完全崩溃的唯一方法,是通过政府在某种程度上增加税收,而使参与经济的每一个人得到公平.