但尽管当局在1999年他们上一次面临严重不良贷款问题用过这招，货币印刷机却无法与官员的另一既定目标相兼容：稳定的汇率。
But, while the authorities relied on this approach in 1999, the last time they were faced with a serious bad-loan problem, running the money printing press is not compatible with officials’ other stated goal: a stable exchange rate.