虽然房地产和信贷的崩溃会产生通货紧缩,但是大幅度的未雨绸缪也会引发通货膨胀。
Although a housing and credit collapse would be deflationary, preempting that risk too dramatically could be inflationary.
而尽管2009年的贷款市场表现出不俗的涨势,但随后而来的是信贷的大幅度膨胀,这将加剧坏账数量增多的风险,为银行的未来带来危机。
Yet coming after the extraordinary rise in lending seen in 2009, a further massive expansion of credit would increase the threat of loans turning bad and of a future banking-sector crisis.
国内信贷和通货膨胀大幅度增加。
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