We are experiencing financial panic. A downgrade of US debt has triggered a flight to liquidity towards the very assets downgraded. Ultimately, the cure for market paranoia is strong economic growth. Several commentators propose a sharp, contained bout of inflation as a way to re-energise growth in the US and the industrial world. Are they right?
我們正在經歷金融恐慌。美國債務評級下調,導致流動性恰恰向那些被調降評級的資產流動。歸根結底,市場偏執的「解藥」只能是強勁的經濟成長。幾位評論人士建言通過一輪急劇的溫和通膨,來重啓美國和工業世界的經濟成長。他們說得對嗎?
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