Western central banks are successfully reflating asset prices.
西方央行成功地再次提升了资产价格.
The rich world needs reflating but the world economy also needs rebalancing.
发达国家需要通货再膨胀但是世界经济不需要再平衡。
Fisher wrote that it was “always economically possible to stop or prevent such a depression simply by reflating the price level up to the average level at which outstanding debts were contracted.”
费雪写道,“只需靠再次通货膨胀来终止或防止这样一个衰退---把价格抬高到未偿债务合同签订时的平均水平,从经济学上来说这是可行的。”

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