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1·Fiscal incentive is closely related with the extra-budgetary revenues.

财政激励与预算外收入是密切相关的。

2·The same risk holds today, particularly if the fiscal squeeze involves incentive-dulling tax increases.

同样的风险如今依旧存在，尤其当财政紧缩手段包括了动机不明的增税时更是如此。

3·Increasingly it is clear that unless such reduction in fiscal deficits occurs, the incentive to continue monetizing them will increase.

越发明显的是，除非减少财政赤字的发生，否则他们继续货币化的动机将会增加。