Mind you, two years previously, at the outset of the financial crisis, I suggested raising inflation to 4% or more for a period of a few years to deflate the debt overhang and accelerate wage adjustment. But there is a world of difference between temporarily raising inflation to address a crisis and unhinging long-term expectations.
布兰查德第一次提出他的方案是，我感到非常新鲜，但也有所怀疑。请注意，两年前金融危机爆发时，我建议在几年的时间里将通胀提高到4%以实现债务积压的再通胀并加速工资调整。但暂时提高通胀解决危机和改变长期预期是完全不同的两码事。