Slightly more than a decade ago, I spent many hours at the Bank of Japan talking with officials about the paradoxes of ultra low rates. At the time, BoJ officials faced intense pressure from politicians and markets to boost growth; so they were duly implementing quantitative easing or their zero interest rate policy.
就在10年多以前,我曾经花费过不少时间,在日本央行(BoJ)与官员们讨论超低利率的悖论问题。当时,日本央行官员面临着来自政界人士和市场的巨大压力,要求他们推动manbetx20客户端下载 增长;于是,他们适时实施了量化宽松政策——即日本的零利率政策(Zirp)。
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