Moreover, a formative experience for many central bankers over the past half-decade has been the need to prevent a potential collapse of output, including by preventing prices from falling. They have achieved this goal largely by propping up credit, regardless of what that may do to the banking sector’s structure or incentives.
此外，在过去五年中，许多央行行长最重要的经验便是需要防止产出的潜在下滑，防止物价下降便是手段之一。他们实现这一目标的方式大体是大量扩张信用，不管这可能对银行部门的结构和激励造成什么影响。