The correct way of keeping the economy stable is to adopt the expansion policy that is mild and takes with the structural adjustment, but mot the retrenchment policy.

保持经济稳定的正确做法，是采取温和并带有结构性调整的扩张政策，而不是紧缩政策。

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At the other are those who side with the IMF, which last week prescribed a course of fiscal retrenchment for the world, softened with a commitment by central banks to extended easy monetary policy and perhaps even more expansion of their balance-sheets.

ECONOMIST: Global monetary policy