But, despite empirical refutation, the ideological attractiveness of monetarism, supported by the supposed authority of “rational” expectations, proved overwhelming. As a result, the purely inflation-oriented approach to monetary policy gained total dominance in both central banking and academic economics.
但就算有实践经验的批驳，在“理性”预期的所谓权威撑腰下，货币主义的意识形态吸引力如日中天。于是这一单纯通胀导向的货币政策便统治了央行界和经济学学术圈。