• All of these banks are really in control of short-term interest rates and these interest rates are used to try to manage and stabilize the economy.

    所有国家的中央银行都可以,控制短期利率,通过控制短期率达到,管理和稳定经济的作用

    耶鲁公开课 - 金融市场课程节选

  • Inflation is the most important thing according to many views because the Fed has to guarantee the soundness of the money supply -- and there have been so many cases in history when the central bank allowed debasement of the currency through inflation.

    通货膨胀是最重要的事情,根据很多观点,因为美联储必须保证,货币供应的稳固,并且在历史上有太多的例子,当中央银行允许,通过通货膨胀改造货币。

    耶鲁公开课 - 金融市场课程节选

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