If so, then you can understand why it is essential that inflation be controlled. If it isn't, soon it gets out of control.

如果你明白，那么你就能理解，为什么必须控制住通货膨胀。

youdao

Indeed, Michael Woodford, an economist at Columbia University, argues that inflation can to all intents and purposes be modelled and controlled without paying any attention at all to money.

事实上，哥伦比亚大学的经济学家迈克尔·伍德福德论证说，通货膨胀可以按照任何目的和意图进行控制，而无需关注货币。

youdao

Indeed, Michael Woodford, an economist at Columbia University, argues that inflation can to all intents and purposes be modelled and controlled without paying any attention at all to money.

事实上，哥伦比亚大学的经济学家迈克尔·伍德福德论证说，通货膨胀可以按照任何目的和意图进行控制，而无需关注货币。

youdao