No one knows whether King Canute believed he could hold back the tide or, by ordering the waves back, was in fact intending to show the limits of power. Hong Kong’s regulators presumably do not want to display impotence, but until the US Federal Reserve tightens policy, trying to stem the liquidity flooding into property has Canute-like qualities.
沒人知道,克努特國王(King Canute)是真的相信自己能控制浪潮,還是實際上想通過命令退潮來展示權力的侷限性。香港監管者們想必不會想要展示無能,但在美聯準(Federal Reserve)收緊政策以前,任何想要阻止房地產市場流動性氾濫的嘗試,都會像克努特一樣無濟於事。
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