In the 1980s, Volcker’s historic responsibility was to reduce inflation and prevent it from ever rising again to dangerously high levels. Today, Yellen’s historic responsibility is to increase inflation and prevent it from ever falling again to dangerously low levels.
20世纪80年代，沃尔克的历史责任是降低通胀，防止它一路升高到危险的高水平。如今，耶伦的历史责任是提高通胀，阻止它再次下降到危险的低水平。