In the past decade, the phrase “liquidity trap” has often been tossed around in western markets. For central banks have provided so much funding for the financial system, via quantitative easing, that it seems that the glut was becoming ineffective.
過去10年裏,在西方市場,人們經常把「流動性陷阱」(liquidity trap)這個詞掛在嘴邊。既然各央行通過量化寬鬆政策向金融體系提供了那麼多資金,那麼,過量的流動性供應似乎就會變得沒用。
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