as keynes famously observed
These policies are more desirable than quantitative easing, which has negative side effects both at home and abroad. As Keynes famously observed, “you can't push on a string”—quantitative easing is more likely to generate asset bubbles and currency turmoil than employment.
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as keynes famously observed
正如凯恩斯著名的观察
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As Keynes famously observed, "you can't push on a string" -quantitative easing is more likely to generate asset bubbles and currency turmoil than employment.
正如凯恩斯的名言:“你不能推一根绳子”——货币量化宽松政策更像是在产生资产泡沫和货币乱局而非就业岗位。
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