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主题: 草庵居士是中国经济发展的巨大威胁
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作者 草庵居士是中国经济发展的巨大威胁   
所跟贴 哈哈,芦大师也来啦. -- Anonymous - (75 Byte) 2004-5-04 周二, 下午10:49 (225 reads)
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加入时间: 2004/02/14
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文章标题: Larry Kudlow (NRO Economics Editor): Bubble Busting (246 reads)      时间: 2004-5-04 周二, 下午11:32

作者:芦笛罕见奇谈 发贴, 来自 http://www.hjclub.org

......

Plagued by the idea that the stock market was "irrationally exuberant" and the economy "overheated," the Fed raised interest rates nine times between mid-1999 and mid-2000 in order to clamp down on the money supply and restrain the boom. Clamp down they did. And as the central bank deflated liquidity and credit, they also deflated the stock market, the technology sector, and just about everything else.

......


["经济过热"并不是一个经济学上的术语.这如同大家可以用普通的言语描述一件事物,但对专业人士不能这样做.]

1. L Kudlow is definetely a professional. Still, he used this expression.

2. What about "bubble Busting"? I believe it 并不是一个经济学上的术语. Why do everyone uses it whenever they discuss enonomy.

3. Were you discussing economics or economy when you questioned this expression? I believe this is just a public forum, not a serious professional journal.http://www.nationalreview.com/kudlow/kudlow113001.shtml

作者:芦笛罕见奇谈 发贴, 来自 http://www.hjclub.org
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