And, on the face of it, it appears to be. The first two parts of the programme were fiscal and monetary expansion.

从表面上看的确是这样的。“安倍经济学”项目的头两部分就是财政和货币扩张。

Up to this point the effect of monetary expansion is entirely a question of degree, and there is no previous point at which we can draw a definite line and declare that conditions of inflation have set in.

到目前为止，货币扩张的影响完全是一个程度问题，之前还没有一个点可以让我们划清界限并宣布通胀条件已经形成。