Central banks are, as Mohamed El-Erian has written, “the only game in town”. They are certainly the main players of the game of macroeconomic stabilisation. So do they know what they are doing?
正如穆罕默德?埃爾-埃利安(Mohamed El-Erian)所著那本書的名字一樣，央行是“唯一的選擇”。央行當然是宏觀經濟穩定游戲中的主要參與者。那么，央行知道自己在做什么嗎？
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