It is nonsense to argue that central banks are impotent and completely unable to raise inflation expectations, no matter how hard they try. In the extreme, governments can appoint central bank leaders who have a long-standing record of stating a tolerance for moderate inflation – an exact parallel to the idea of appointing “conservative” central bankers as a means of combating high inflation.
说央行无论如何努力也无法胜任、完全不能提升通胀标准是没有道理的。极端地说，政府可以任命具有宣扬忍受温和通胀的长期记录的央行领导人，一如任命“保守”央行行长作为对抗高通胀之道。