因为所有拥有相同资产的银行都有同样的动机，所以都卖出导致价格下降。
Because all Banks with similar assets face the same incentives, they will all sell, driving the price down.
美联储政策的动机是为了稳定房地产价格。
The motivation for the Fed’s policy is to stabilize property price.
当信贷成本被人为压低，资产价格不断上升时，银行有巨大的动机绕过资本金规定。
When credit is artificially cheap and asset prices are rising, Banks have enormous incentives to circumvent capital requirements.
应用推荐