Remember the debate about whether central banks should prick bubbles? It was not too long ago that simply asking the question incited abuse. While pricking bubbles is now considered a suitable subject for polite conversion, there is still no agreement on what to do or how to do it. Since bubbles are already building up in several segments of the financial markets, it is time to think about this question in detail.
還記得那場關於央行是否應該戳破泡沫的辯論嗎?就在不久前,提出這一問題本身就會招致非議。雖然現在戳破泡沫這個話題已不再被視爲不適合禮貌談話,但在應該做些什麼以及如何去做這些問題上,人們仍未達成共識。鑑於金融市場的某些領域已經在醞釀泡沫,是時候仔細考慮一下這個問題了。
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