protracted inflation

基本解释

We won't experience all the fears of the 20th century like war, dangerous inflation or protracted down cycles.
FORBES: The Hedger: An optimist on the sidelines
Otherwise inflation will ravage the country just as it has done every other time the Fed has taken rates below inflation and left them there for a protracted period.
FORBES: Magazine Article
If central bankers allow inflation expectations to become unhinged, they will have a nasty, protracted problem on their hands.
ECONOMIST: America's economy