Central banking is easy during the good times. Play with interest rates every now and again while basking in the glory of it all. Policy has also been straightforward during the downturn. Drop rates to nothing and keep them there – perhaps dabbling in quantitative easing to look busy. Where it starts to get difficult is in the middle ground.
光景好的时候，央行操作起来很容易：时不时调整一下利率，然后就可以尽享荣光。manbetx20客户端下载 衰退的时候，政策同样没什么悬念：将利率调降至零，并保持下去——如果要刻意显得忙碌一些，还可以搞搞定量宽松。开始变得困难的时候，是manbetx20客户端下载 情况不好不坏的时候。
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