In today’s inflationless world, however, it is counterproductive. Yet the inflation targeters who dominate today’s major central banks insist on fighting yesterday’s war.
诚然，通胀目标曾经对于遏制物价增长失控至关重要。但是，在今天无通胀的环境下，它只能适得其反。但主宰当今主要央行的通胀目标派坚持要继续打昨天的战争。