But creating inflation is easier said than done: it requires boosting aggregatedemand enough to consume existing economic slack, through either monetary or fiscal policy.
Some people have argued that the high commodity prices resulting from monetary stimulus are a sort of supply shock, which might negate the impact of quantitative easing on aggregatedemand.
有些人主张,货币刺激造成的高商品价格是一种供应冲击,这可能会抵消量化宽松政策对总需求的影响。
3
Aggregate prices rise only with reduced supply or increased (monetary) demand.