Jean-Claude Trichet, president of the European Central Bank, this week gave warning about the mistakes of the 1970s, when inflation was let loose at huge cost to growth.

• 欧洲中央银行行长祥-克劳德?特希谢，本周警告人们关注1970年代犯过的错误，当时人们为了经济增长而不惜放纵通胀肆虐及其所造成的沉重代价。