- 1、原创力文档(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。。
- 2、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 3、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
- 4、该文档为VIP文档,如果想要下载,成为VIP会员后,下载免费。
- 5、成为VIP后,下载本文档将扣除1次下载权益。下载后,不支持退款、换文档。如有疑问请联系我们。
- 6、成为VIP后,您将拥有八大权益,权益包括:VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
- 7、VIP文档为合作方或网友上传,每下载1次, 网站将根据用户上传文档的质量评分、类型等,对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档
查看更多
上海各区2012届高三英语一模试题分类汇编-回答问题.doc
上海各区2012届高三英语一模试题分类汇编:回答问题汇编
(宝山)
Aware that the financial crisis could spread to other sections, the Fed has moved remarkably aggressively, cutting rates by 1.25 percentage points in eight days—a rate-cutting spree(无节制行为) almost unheard of in central banking history. The Fed now has cut rates five times by cumulative(累积的) 2.25 percentage points—and there is no sign that the Fed is done. Thanks to the strategies of Hank Paulson, George Bush soon will sign a bill that will pump some $150 billion into the American economy for U.S. consumers to spend. That kind of coordination(协调) between fiscal and monetary authorities is as exceptional as it is both swift and impressive.
Sure, the Cassandras are disobeying the Fed’s actions. Bernanke has been criticized for everything from catering to Wall Street traders to still being behind the curve. But opinions are like a nose—everybody has one. The current noise of criticism against Bernanke is a lot like baseball fans, screaming “throw the burn out” at the game or letting out their depressions on post-game AM radio talk shows. But it’s a lot easier to criticize than to step up to home plate and swing the bat.
The reality is that few of Bernanke’s most bitter critics were even smart enough to make it into an introductory economics class taught by Bernanke at Princeton—let alone to run the world’s most influential Central Bank. And to assume that Fed policy is based on responses to such criticism would be as ridiculous as for baseball star Alex Rodriguez to walk over and hand his bat to an unpleasant critic in the seats of Yankee Stadium to take his place at home plate. Thankfully, airline pilots guiding a plane through rough instability play to a less noisy crowd.
Here’s the reality. Neither Bernanke’s interest rate cuts nor the federal stimulus package likely will hit the policy nail right on the head. But no real-time decision making is perfect. As John Maynard sKeynes, himself an academic with plenty of real world experienc
您可能关注的文档
最近下载
- QC∕T 1035-2016 汽车发动机用电子节气门体.pdf
- 五年级信息技术苏科版教案.pdf VIP
- 大肠埃希菌的药物治疗.pptx VIP
- 设计研发合同范本5篇.docx VIP
- TGMT操作手册OperatingManualTGMT操作手册.doc VIP
- 《产品成功从偶然到必然——IPD集成产品研发体系全景实战》-祝勇.pptx VIP
- Abaqus仿真分析培训教程及abaqus中文培训.ppt VIP
- 剑桥(join in)版五年级英语上册教学课件Starter unit (1) 课件.pptx VIP
- 市政管网工程量计算表(EXCEL)-xls491.xls VIP
- 中联T7530-20T塔吊说明书操作手册.pdf VIP
文档评论(0)