The other week I caught sight of a headline declaring that the IMF was warning against cuts in public spending and borrowing. The report stopped me in my tracks. After half a century or so as keeper of the sacred flame of fiscal prudence, the IMF was telling policymakers in rich industrial nations they should not fret overmuch about huge build-ups of public debt during the Covid-19 crisis. John Maynard Keynes had been disinterred, and the world turned upside down.
前阵子，我无意中看到一个新闻标题，称国际货币基金组织(IMF)警告各国不要削减公共支出和借款。该报道让我大吃一惊。大约半个世纪以来一直充当圣火守护者，守护着“财政审慎”神圣原则的IMF，现在却告诉富裕工业国家的政策制定者，他们不应过度担心公共债务在新型冠状病毒肺炎（COVID-19，即2019冠状病毒病）危机期间累积太多。
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