But cautious incrementalism, ironically, risks letting the world slip ever further down the deflationary spiral.
但是讽刺的是，
要警惕渐进主
，这种风险会把
紧缩循环带向更深的深渊。
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The authors contrast the glitzier approach of an exchange in London, which attracted high-profile endorsements, promised a financial revolution and subsequently collapsed, with its more successful Canadian peer, which has relied more on expert advice and incrementalism.
论文作
敦一家交易所更为耀眼的做法与另一家更为成功的加拿大交易所进行了对比，前吸引了高调的背书，承诺要进行一场金融革命，然后倒闭了，而后则更依赖专家建议和渐进主义。
盖。
