Sir, If I read him correctly, Alan Greenspan claims to know of no instance where incremental monetary policy has defused a bubble without crushing economic activity (“We need a better cushion against risk”, March 26), leaving the reader to infer that the recent and ongoing financial meltdown is preferable to such crushing.
先生,如果我理解正確的話,艾倫•葛林斯潘(Alan Greenspan)宣稱,據他所知,沒有一個增量貨幣政策去除泡沫而不打壓經濟活動的例證(「全球經濟危機的教訓」,3月30日),這就讓讀者得出了以下結論:最近正在上演的金融災難,比此類打壓行爲更可取。
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