In principle a modest dose of controlled inflation might work wonders.

原则上，适度的可控性的通胀可能会产生奇效。

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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。

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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。

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In principle a modest dose of controlled inflation might work wonders.

ECONOMIST: Economics focus

The weaker the reputation of the central bank, the stronger the case for pegging the exchange rate to build confidence that inflation will be controlled.

ECONOMIST: Getting out of a fix

Why has inflation not been controlled?

CNN: Letters