And 09 are still expected a certain price control failure, tight monetary policy difficult, the potential risks of worsening inflation.

而预期09年仍存在一定的价格管制失效、货币紧缩政策难以为继、通胀恶化的潜在风险。

youdao

Yet that zero interest rate policy was evidence of an extremely tight monetary policy.

FORBES: Milton Friedman On The Case For QE3

Free-market economists from Milton Friedman to Bill Niskanen believed that excessively-tight monetary policy caused recessions.

FORBES: Ideological Confusion is Pointlessly Prolonging the Recession

Tight monetary policy has turned investors off to its equity market since last November.

FORBES: Brazil's Pres Surrendering to Strong Currency