For much of past year, Ben Bernanke’s activist US Federal Reserve was ahead of the curve, making bold use of the experimental monetary instruments he had conceived as an academic. Across the Atlantic, Jean-Claude Trichet’s European Central Bank was behind the curve – active, but not active enough relative to the crisis it faced. Today’s big question for the world economy can be framed this way: might these roles be reversed?
過去一年的很長時間里，本?伯南克(Ben Bernanke)領導的激進的美聯儲(Fed)一直走在曲線之前，大膽地使用了伯南克作為一個學者所能想到的各種實驗性貨幣工具。在大西洋對岸，讓-克洛德?特里謝(Jean-Claude Trichet)領導的歐洲央行(ECB)則落后于曲線——雖然積極，但相對于其面臨的危機而言卻顯得不夠積極。對于全球經濟而言，目前的一個重要問題可以這樣表達：這兩種角色能否互換？
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