The whole point of that paper was that when you're up against the zero lower bound, it doesn't matter how much money you print - not unless you credibly promise higher inflation.

那篇文章的全部观点就在于当我们反对零成交下界的时候，你印刷多少钞票都无所谓，但除非你可信地给出了一个更高的通货膨胀预期。

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The whole point of that paper was that when you're up against the zero lower bound, it doesn't matter how much money you print — not unless you credibly promise higher inflation.

那篇文章的全部观点就在于当我们反对零成交下界的时候，你印刷多少钞票都无所谓，但除非你可信地给出了一个更高的通货膨胀预期。

youdao

Some analysts say the whole Soviet system was unreformable and any change was bound to lead to an unstoppable process of increasingly dramatic transformation.

一些分析家称，整个苏维埃体系是不可改造的，体系内的任何变化势必导致越发戏剧性的、无法停止的转变。

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But for the uncommitted (not to mention downright opponents) the whole is bound to raise uncomfortable questions.

ECONOMIST: Writing history

No what we were told was that William had signed us on behalf of the whole party and therefore we were bound by it and we have known right from the start that we were bound by the pledge that has been signed, that is very different from saying that every individual MP should sign individually.

BBC: News Online

Even though we are on opposite sides of a whole bunch of issues, part of what has bound us together is a shared faith, a recognition that we pray to and serve the same God.

WHITEHOUSE: National Prayer Breakfast