In Asia policymakers are trying to prick a bubble.

在亚洲，决策者正努力刺破泡沫。

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In Asia policymakers are trying to prick a bubble. In America they are still dealing with the consequences of the last one.

在亚洲，决策者正竭力戳破泡沫，而在美国，决策者正在对付泡沫破裂的后果。

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If a bubble in share prices or property threatens the whole economy, better to prick it surgically rather than bludgeon everyone with higher interest rates.

如果股价泡沫或者房产泡沫威胁到了整个经济，与其用高利率强压每个人，还不如谨慎地刺破它。

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Deciding when to prick a bubble is indeed devilishly hard.

ECONOMIST: Trapped by the bubble

BIS, and Philip Lowe, at the Reserve Bank of Australia, have tried to shift the emphasis of this debate away from the question of whether central banks should prick a bubble.

ECONOMIST: Yesterday's financial architecture needs refurbishing

Partly, perhaps, because of the third popular criticism of our bubble thesis: that it is too risky, both economically and politically, for a central bank to prick a bubble by raising interest rates.

ECONOMIST: Trapped by the bubble