Since taking over the Chairmanship of the Fed, the Greenspan Fed has embarked on the largest creation of money and credit this nation has ever known. The annual supply of credit went ballistic after 1994 as the Clinton Administration embarked on a grand experiment to bring down interest rates, expand credit, and stimulate the economy. The net result of this expansion was that the money supply began to grow at double-digit rates throughout the rest of the decade as shown in this graph of M3 from 1991 to the present. Credit expanded, the financial community became highly geared and we went from one financial crisis to the next—from the peso and derivative crisis of 1994, the Asian crisis in 1997, the LTM and Russian crisis of 1998, Y2K in 1999, to the recession and the aftershocks of 9-11. The standard prescription was to print more money, flood the financial system with liquidity, and expand credit.
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That brought about a need to hire specialist debt-collection agencies, particularly in regions where credit expanded and economic growth slowed, said analysts.
分析人士认为，这使得雇佣专业讨债公司的需求出现，特别是在信贷扩张，经济增速下降的地区。
That brought about a need to hire specialist debt-collection agencies, particularly in regions where credit expanded and economic growth slowed, said analysts 1.
分析人士认为，这使得雇佣专业讨债公司的需求出现，特别是在信贷扩张，经济增速下降的地区。
Last-ditch efforts to prop up consumption and home values mayresult in more and more capital flowing into expanded consumer credit, creatingfinancial bubbles that inevitably burst (sound familiar?).
为提振消费、提高房屋价格作出的最后的努力可能会导致越来越多的资本流入扩张的消费者信贷领域，制造最后必然会破灭的金融泡沫。 （听起来很熟悉是吧。）
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