最终,不管是在好年代还是“坏”年景,任何好政策都应该建立在同样良好的原则基础之上。
Ultimately, any good policy, whether for good times or "bad" times, should be based on the same sound principles.
为使这种循环转起来,并不需要对银行家疏于监管,或给出更多物质刺激:金融系统在存款保险,拯救银行以及分红出现之前就知道好年景,以及发疯年代了。
You do not need bankers to be poorly monitored or over-incentivised for such cycles to work: finance knew booms and manias long before deposit insurance, bank rescues or bonuses.
在一个好的年景,整个英国可以生产150万辆汽车,而它的居民会购买250万辆汽车。
In a good year Britain turns out 1.5m cars and its inhabitants buy 2.5m.
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