Leaving a financial crisis is like leaving an awkward social gathering: a good exit is essential. In 1936-37, the Federal Reserve made a colossal mistake in its “exit strategy”. This time round it is crucial that central banks get their timing right.
擺脫金融危機就像擺脫尷尬的社交聚會一樣:正確地退出非常關鍵。1936年至1937年,美聯準(Fed)曾在 「退出戰略」方面犯下嚴重錯誤。這一次各國央行正確選擇退出時機將至關重要。
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