In its extreme form, this alternative view implies that if policy is fully credible, it can achieve disinflation at no cost in unemployment.
In its extreme form, this alternative view implies that if policy is fully credible, it can achieve disinflation at no cost in unemployment.
在它的极端形式下，这种观点暗示如果政策相当可靠，它可以不以失业为代价取得通货紧缩。