Second, financial markets are social phenomena, which means that economic performance is as much determined by market participants' beliefs as it is by fundamental indicators or textbook policy.

第二，金融市场牵一发而动全身。这就意味着，基本经济指标甚至是教材政策影响经济运行状态的程度市场主体的信念无异。

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The steady financial policy is a country fundamental, longterm, basic, but is not conservative or the stagnant financial policy.

稳健的财政政策是一个国家根本性的、长期性的、基本的，而不是保守的或停滞的财政政策。

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As Peter Wallison explained in his dissent to the Financial Crisis Inquiry Commission Report, the fundamental cause of the financial crisis was U.S. government affordable housing policy, enforced by federal regulation.

FORBES: Media Parrot Obama Financial Crisis Campaign Propaganda

Ms Miller told MPs there were "fundamental policy" issues that needed to be considered with "financial implications", such as pension entitlements for heterosexual civil partners, widows and widowers.

BBC: Gay marriage: Deal to allow bill to proceed in Parliament