But cautious incrementalism, ironically, risks letting the world slip ever further down the deflationary spiral.
但是是,我们现在要警惕渐进主,这种风险会把我们从紧缩向更深深渊。
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The authors contrast the glitzier approach of an exchange in London, which attracted high-profile endorsements, promised a financial revolution and subsequently collapsed, with its more successful Canadian peer, which has relied more on expert advice and incrementalism.
论文作者将伦敦一家交易所更为耀眼的做法与另一家更为成功的加拿大交易所对比,前者吸引高调的背书,承诺要一场金融革命,然后倒闭,而后者则更依赖专家建议和渐主义。