The writer is a former banker and author of “A Banquet of Consequences Reloaded” and “Fortune’s Fool”As the hip hop group Wu-Tang Clan rapped in their 1994 hit “C.R.E.A.M”: “cash rules everything around me”. That is, actual funds are needed for consumption or investment. The world’s “savings glut” is ephemeral. The amounts available are lower than assumed.
本文作者是前银行家，《A Banquet of Consequences Reloaded》（中译本《从大衰退到大停滞》）和《Fortune's Fool》的作者
您已阅读7%（439字），剩余93%（5830字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。