廉价货币及亚洲储蓄在信贷膨胀中也登了场。

And cheap money and Asian savings also played a starring role in the credit boom.

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实际上，由信贷膨胀而导致的货币通胀是我们现在面临问题的根源。

In fact, monetary inflation via credit expansion is the source of our present trouble.

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在1990年代初到2000年代信贷膨胀的时期，传统的观点认为债务不是问题。

During the credit boom of the early 1990s and 2000s the conventional view was that it did not matter.

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