To be sure, Grantham up until now hasn't been a die-hard inflationist.
当然，格兰汉姆从来就不曾是一个死硬的通货膨胀主义者。
The second scenario is just the opposite of the first one, but equally tragic: it consists of an "inflationist cure" so intense that a new bubble is created.
第二种情况正好与第一种相反，但同样是悲剧：它包含一剂强烈的“通胀疗法”，以至于创造出一个新的泡沫。
They can either allow the recessionary process to follow its course, and with it the healthy and painful readjustment, or they can escape forward toward a "renewed inflationist" cure.
