Hence the analogy that likens the conduct of monetary policy to driving a car with a blackened windscreen, a cracked rear-view mirror and a faulty steering wheel.

因此，有人将货币政策的实施比作驾驶一辆挡风玻璃变黑、后视镜破裂、方向盘失灵的汽车。

youdao

Hence the analogy that likens the conduct of monetary policy to driving a car with a blackened windscreen, a cracked rear-view mirror and a faulty steering wheel.

因此，有人将货币政策的实施比作驾驶一辆挡风玻璃变黑、后视镜破裂、方向盘失灵的汽车。

youdao

One thing he will discover: Setting interest rates is a clumsy, blunderbuss, hit-or-miss way to conduct monetary policy.

FORBES: Fact and Comment

Finally, House Republicans should pass legislation removing the discretionary monetary policy powers of the Federal Reserve, mandating it to conduct monetary policy in accordance with a price rule following market prices for gold, silver, oil and other commodities.

FORBES: Presidential Debt-Limit Deceptions And Economic Growth

When it goes into effect on Jan. 1, 1999, individual European countries that are in the currency union will no longer be able to conduct their own monetary policy.

CNN: Still On A Roll?