明斯基认为，金融体系对夸大经济周期起到了很大作用，而传统理论对此并没有给予足够的重视。

Minsky argued that the financial system played a big role in exaggerating the economic cycle, one that was understated by conventional theory.

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他的任务是控制通胀(平滑过渡经济周期)，保护金融体系，和阻止衰退转为萧条。

Its task is to keep inflation down (helping smooth out the economic cycle), to protect the financial system, and to prevent a recession turning into a deep slump.

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在经济周期的四个阶段里，不同类属的金融资产表现出明显的差异。

In the economic cycle in four phases, different types of financial assets is to show significant difference.

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