日本神话

布鲁塞尔——

新世纪的第一个十年以所谓的网络泡沫开端。网络泡沫破灭后,各大央行纷纷采取了极其宽松的货币政策以防止日本式增长停滞重现。但2001年衰退之后的长期低利率环境催生了另一个泡沫——房地产和信贷泡沫。

十年后,新泡沫也破裂了。央行们再次迅速行动了起来,几乎全世界都将利率削减至零水平。最近,美联储甚至抛出了前所未有的“量化宽松”以刺激复苏。这一回,关键理由依然是需要避免重蹈日本“失去的十年”的覆辙。

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