Modern central banking has worked wonders to bring down inflation. Ultimately, however, a central bank’s anti-inflation policies can work only within the context of a macroeconomic and political framework that is consistent with price stability.
现代中央银行已经在降低通胀上创造了奇迹。然而最终，央行的反通胀政策只能在符合价格稳定的背景下，在宏观经济和政治框架内运作。通货膨胀可能处于休眠状态，但它肯定并未消亡。