But cautious incrementalism, ironically, risks letting the world slip ever further down the deflationary spiral.
但
刺的，我们现在要警惕渐进主
，这种风险会把我们从紧缩循环
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.
论文作者将伦敦一家交
所为耀眼的做法与另一家为成功的加拿大交所进行了对比，前者吸引了高调的背书，承诺要进行一场金融革命，然后倒闭了，而后者则依赖专家建议和渐进
。
由贸
盖。
