Yet the treatment prescribed for this malady has compounded the problem. Steeped in denial, the Federal Reserve is treating the disease as a cyclical problem – deploying the full force of monetary accommodation to compensate for what it believes to be a temporary shortfall in aggregate demand.
但针对这一病灶的疗法却让问题更加严重了。尽管美联储一再否认，但它在把这病当周期性问题在治——发动全部货币调整能力填补它所认为的总需求暂时性不足。