Then By Deflation 到紧缩通货
Then after deflation of 1% in year one, the central bank would aim for inflation of more than 2% in later years (inflation of 5% in year two, say) to bring prices back up to the target.
那么在第一年出现1%的通货紧缩后,央行在之后的几年中将设定超过2%的年通胀率(比如第二年通胀率为5%)从而使价格重新回到目标水平内。
There is no way to escape from a far-from - equilibrium situation - global deflation and depression - except by first inducing its opposite and then reducing it.
除非首先激发其反面,然后减轻不均衡,否则难以避免全球通缩和萧条并存的严重不均衡局面。
The way to get there, then, is to raise inflation, which obviously addresses the debt deflation concerns.
那么,方法是提高通货膨胀,这显然解决了债务紧缩问题。
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