Later, “new classical” economists like Robert Lucas and Thomas Sargent demonstrated that once people understand that inflation is being manipulated to generate market optimism, the monetary authorities’ actions lose their impact. The result is higher prices and no job creation.
随后，罗伯特·卢卡斯（Robert Lucas）和托马斯·萨金特（Thomas Sargent）等“新古典”经济学家证明，如果人们明白了通胀被操纵以形成市场乐观，那么货币当局的行动将不再有影响。结果是更高的价格和不存在的就业创造。