The belief that we are recovered then became the new illusion, mostly fostered by the injection of phony money and massive spending built on debt.

这种人为我们那时就恢复了的信念成了新的假象，而这中假象是由于大量空头货币的注入及靠借债而大举进行的消费。

youdao

We can't afford to squander money giving huge windfalls to Banks and their executives, merely to preserve the illusion of private ownership.

我们不能只为了保留一个私有制的幻想，就随随便便地把钱给银行。

youdao

With all that reflection and refraction, modernism creates the illusion that there is an illusion when in fact it is a straightforward statement of money and power.

通过反射和折射，现代主义创造了一个幻觉存在的假象，而实际上它是对金钱和权力不加掩饰的声明。

youdao

The money illusion gave the appearance of economic growth, and Nixon won re-election in a landslide in 1972.

FORBES: Magazine Article

For this alone we can expect some staggering investment errors lured into energy by the money illusion that will lead to substantial capital destruction over time.

FORBES: The Irrational, Non-Economic Exuberance Underlying Hydraulic Fracturing

Worse, with consumer prices sticky in concert with commodity prices that are most sensitive to dollar-price movements, the beneficiaries of the money illusion tend to be the hard, unproductive assets of yesterday (think housing, art, rare stamps, and oil) that are least vulnerable to currency weakness, and which in fact do best when the unit of account is devalued.

FORBES: Price Stability Is An Economically Dangerous Fad