It's a new form of monetary policya new invention which we've been doing only for a matter of months now.
这是一种新的货币政策形式一个新的发明,我们刚刚采用了几个月而已。
You've got this policy tool of interest rates but once it hits zero you're out of business.
你拥有利率这一政策工具,但是一旦利率达到零点,你便失业了。
This was the compassionate part of the compassionate conservatism.
但是小布什的这一政策是同情心,保守党表现同情心的标志啊。
And...so those issues added up is a democratic context which you can't be certain of what the policies will be, so all of these make it sort of somewhat trickier than a place like China.
所以,所有因素加起来,就造成了投资者的困惑,你无法确定,下一秒会出台什么政策,这就使得在印度投资比在中国,这样的国家来说棘手多了。
This is an effort this is different from most monetary policy.
这是一种努力这与,很多货币政策都不同。
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