Arthur Burns, chairman of the Fed, There's a big inflation run up to Richard Nixon's reelection in 1972.
亚瑟·伯恩斯,前美联储主席,当时出现了严重的通货膨胀,一直持续到1972年,理查德·尼克松连任总统。
So war time periods were typically periods of great inflation and debasement of the currency.
所以,战争时期通常是,严重的通货膨胀,和货币改造的时期。
The general view is that if it's not extreme the rise is not too extreme it's good for the health of the economy as long as we don't have inflation that's too high.
一般的观点是如果它不极端,价格提升不太严重的话,只要我们没有太高的通货膨胀,它就对经济有好处。
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