The early stages of inflation, as Jens Parsson pointed out in “Dying of Money,” can be a really fun time. Money expands, stock markets boom and state spending rises as governments fund deficits without drama. People start to feel well off, amid generally stable prices.
正如延斯•帕尔森(Jens Parsson)在《财富的消亡》(Dying of Money)一书中所指出的，通胀的早期阶段可能是一段相当惬意的日子。货币出现扩张，股市一片繁荣，政府毫无悬念地会为赤字融资，因此公共支出也不断上升。由于物价普遍稳定，人们开始感觉到富足。
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