The great reflation will come with a nasty debt hangover .
大规模的通货再膨胀将带来令人讨厌的债务遗留问题。
One argument is that intervention may be a backdoor route to reflation .
一个说法是，干预也许会是通货再膨胀的秘密通道。
In short , the reflation trade may be based on a false premise .
从短期来看，基于错误的前提，通货再膨胀交易可能持续。
But it could achieve the same reflation , without the political risks of unilateral intervention , in other ways .
但是，在其他方面，虽没有单边干预的政治风险，这也可能导致同样的通货再膨胀。
In general , one of the commonest problems of government reflation is that the benefits leak out beyond your borders because the programme sucks in imports .
