Its inadequacy may lead to the formulation of a much older answer: revulsion against the market economy, accompanied by indiscriminate condemnation of debt and debt instruments. Indeed, as governments scramble to respond to the current crisis, we should remember that deflation tends to produce not only radical anti-capitalism, but also a profound hostility to any kind of economic or political organization.
中央集权是20世纪对新的不确定性的典型回应，其不足可能会导致一个早前出现过的反应的形成：伴随着对债务和债务工具不加区分的指责，人们产生了对市场经济强烈的反感。事实上，当政府手忙脚乱地对当前的危机作出回应时，我们应该记住，通缩不仅会导致激进的反资本主义，也会使人们对各种经济或政治组织产生深刻的敌意。