Professor Krugman has, however, described a somewhat different type of liquidity trap.

然而克鲁格曼教授所表述是另外的一种流动性陷阱.

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Contrary to what Professor Krugman has asserted, recent experience contradicts Keynes's theory of the liquidity trap.

与凯恩斯的主张相反, 近期事实与流动性陷阱是相矛盾的.

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Recent events indicate that the liquidity trap, as described by Keynes, does not exist.

当前形势表明并不存在凯恩斯所描绘的流动性陷阱.

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But a rising monetary base isn't inflationary when you're in a liquidity trap.

然而,当经济深陷流动性陷阱时,不断增长的基础货币并不会引发通胀.

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Keynes's liquidity trap represents a process whereby the public prefers cash to bonds.

凯恩斯的流动性陷阱描述了人们预期利率走高而债券走低进而偏好持有货币的过程.

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