America should ignore china 's peg-and its warnings against taking further steps to loosen monetary policy-and adequately reflate .
美国应该忽视中国的盯住美元政策和其对于进一步放松货币政策的警告，并实现充分的通货再膨胀。
The government 's attempt to reflate the economy be not successful .
政府使通货再膨胀来刺激经济的尝试失败了。
Policymakers are more than vocal about attempting to reflate the economy , which in essence means a hoped for return to nominal gdp growth levels of 5-6 % , the majority of which might actually come in the form of higher prices as opposed to increased production .
