Duisenberg recognized this linkage and held firm. The ECB’s paltry rate hike in December, together with the supine promise of no plans for further monetary tightening, demonstrates that Trichet is no Duisenberg.
欧洲的政客们愈渐认为额外流动资金和经济改革可以相互替代。央行越是提高货币流动性，政客们就越不肯在改革上花力气。Duisenberg认清了这种联系并坚持立场。欧洲央行在12月份的微弱升息，加上没有进一步货币紧缩计划的乏力承诺，都表明Trichet不是Duisenberg。