Unfortunately, the more that central banks give the impression that that they are on the case, and the more that markets cheer them on, the less pressure there is on politically gridlocked governments to deploy fiscal policy and push through structural reforms. Moreover, the fixation on monetary accommodation leaves slow-growth, balance-sheet-constrained economies stuck at stall speed, increasing the risk of yet another global growth relapse.&nbsp;
不幸的是，各大央行越是造成它们将全力以赴的印象，市场越是对它们欢呼雀跃，在政治上缩手缩脚的政府就越没有压力实施财政政策和推行结构性改革。此外，货币调整情结导致了经济增长缓慢，饱受资产负债表束缚，陷于失速速度无法自拔，从而增加了全球衰退复发的风险。