Some day this crisis will end. When, and at what human and economic costs, remain big unknowns. But when markets return to something like normality, investors are likely to find a fundamentally altered political and economic landscape: one in which the role of monetary policy has shifted from primary to secondary importance.
總有一天,這場危機將會結束。但何時結束——以及將付出多大的人員和經濟代價——仍是巨大的未知數。但當市場回歸常態時,投資者很可能發現,政治和經濟領域已發生根本性轉變:貨幣政策不再扮演頭等重要的角色,而是退居次要地位。
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