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•帕爾森(Jens Parsson)在《財富的消亡》(Dying of Money)一書中所指出的，通膨的早期階段可能是一段相當愜意的日子。貨幣出現擴張，股市一片繁榮，政府毫無懸念地會爲赤字融資，因此公共支出也不斷上升。由於物價普遍穩定，人們開始感覺到富足。
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