To get the resources it needs, it would have to compete with the private sector, bidding up wages and prices.

要获得需要的资源，它需要和私营部门竞争，竞价抬高工资和价格。

The price of a room in Moscow's Ritz-Carlton ($924) and S? o Paulo's Fasano hotel ($720) are telltale signs that the commodity wealth in Russia and Brazil is bidding up prices across the board, eroding the competitiveness of other industries.

一间客房的价格，比如莫斯科丽思卡尔顿酒店（924美元）和圣保罗法萨诺酒店（720美元），就可以透露出俄罗斯和巴西商品市场正在全线哄抬物价，同时，这也削弱了其他产业的竞争力。