The current market turmoil, marked by a huge spike in uncertainty, has shaken confidence across the global economy and prompted many to conclude all policy options have been exhausted. That impression is wrong – and could lead to paralysis.
眼下市場動盪，特別是不確定性激增，動搖了全球對經濟的信心，並使許多人認定政策方面已經無計可施了。這種想法是錯誤的，並可能導致坐以待斃的惡果。
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