While debate about the relevance of the secular stagnation idea to current economic conditions continues to rage, there is now almost universal acceptance of a crucial part of the argument. It is agreed that the “neutral” interest rate, which neither boosts nor constrains growth, has declined substantially and is likely to be lower in the future than in the past throughout the industrial world because of a growing relative abundance of savings relative to investment.
关于长期停滞观点是否切合当前manbetx20客户端下载 状况，人们还在热议，但这种观点中的一个关键部分已被极为普遍地认可。人们近乎一致地认为，既不会刺激增长、也不会抑制增长的“中性”利率已经大幅下降，而且未来工业国家的中性利率有可能比过去更低，原因是相对于投资来说，储蓄日益充裕。
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