More consequential, the European Central Bank has committed to a large and relatively open-ended program of large-scale asset purchases. The ECB acted despite a growing chorus of warnings that monetary stimulus is not sufficient to promote durable growth, and that it encourages excessive risk-taking in financial markets, which could ultimately threaten economic stability and prosperity (as it did in 2008).
随后，欧洲央行采取了规模庞大、相对限制更少的大规模资产购买计划。越来越多的人警告货币刺激不足以提振持续增长，并且鼓励最终影响经济稳定与繁荣的金融市场过度冒险行为（2008年就是明证），尽管如此，欧洲央行仍然采取了行动。