A few weeks ago I had the pleasure of dining with two former luminaries of American economic policy. Unsurprisingly, the issue of quantitative easing provoked heated debate – not so much over the question of whether QE had been a correct policy to implement (they both backed its introduction) but whether the Federal Reserve could ever find a smooth exit.
幾周前我榮幸地與美國經濟政策方面兩位曾經的名人一起喫飯。毫無懸念的是,量化寬鬆問題引發了激烈辯論,辯論的主題並不是實施量化寬鬆政策是否正確(他們倆都支持引入量化寬鬆政策),而是美聯準(Fed)能否平穩地退出量化寬鬆。
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