请高手翻译,用机器的莫进.

请高手翻译,用机器的莫进.
1)People hate inflation. They just hate it--as I find out every time I point out that inflation allows us to get around the fact that workers in industries where demand is falling are extremely reluctant to take nominal pay cuts. Politicians are thus biased towards controlling it.
2)The central banking system is run by and for bankers.Oh, there are lots of academics around, but they are academics who study banking.The regulators spend all their time with the bankers they regulate.This biases them towards the interests of the holders of capital.Which is to say, against the inflation which erodes the value of that capital.