The economic equivalent of “famous for being famous” is the idea of a rise in confidence because of a policy whose main transmission channel is confidence. The discussion about quantitative easing is precisely this. It is as self-referential as the statement that it works because it works.
「因爲出名,所以出名」在經濟學上相當於以信心爲主要傳導通道的政策所帶來的信心增強。關於量化寬鬆的討論正是如此。它就好比說「因爲奏效,所以奏效」,是一種自我強化。
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