Inflation reduces the value of debt, which for many people and companies feels like slowly sipping champagne, producing a nice buzz of light-headed excitement as they are unburdened.

通胀会降低债务的实际价值，在许多人和公司感觉起来，就好比小口呷香槟，会产生一种轻飘飘的美妙眩晕——他们的负担减轻了。

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These are nice gimmicky buzz-words, but what do they mean?

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Mr. HALL: So I think by doing that, he may be actually providing a nice short-term buzz fix, but long-term, the specter will rise again.

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