Leaving a financial crisis is like leaving an awkward social gathering: a good exit is essential. In 1936-37, the Federal Reserve made a colossal mistake in its “exit strategy”. This time round it is crucial that central banks get their timing right.
摆脱金融危机就像摆脱尴尬的社交聚会一样:正确地退出非常关键。1936年至1937年,美联储(Fed)曾在 “退出战略”方面犯下严重错误。这一次各国央行正确选择退出时机将至关重要。
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