It took the courage – or recklessness, depending on your point of view – of US Federal Reserve Chairman Paul Volcker to send the world into recession in 1981-2 in order to break the back of inflation. That recession was destructive, but it had one silver lining: an inspiration to the world that an independent central bank can take tough measures to ensure price stability.
对于当时的美联储主席Paul Volcker而言，为了遏止通胀而在1981-1982年间让世界陷入经济衰退，需要相当的勇气—或是鲁莽，观点因人而异。这场衰退是破坏性的，但它也有一个亮点：给予全世界一个启示—一家独立的中央银行为确保价格稳定可以采取强硬措施。