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The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure.

  • -- William Vickrey 威廉·维克里

限制性货币政策的供给侧效应可能是反常的，因为高利率会增加成本，从而产生通胀压力。

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Policy Pressure

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Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.

尽管凯恩斯主义的财政政策可能很受欢迎，但许多经济学家对其是否有效持怀疑态度。他们认为，对经济进行微调实际上是一项不可能完成的任务，而财政刺激计划通常规模太小，实施得太晚，无法发挥作用。

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As a teenager, I put a lot of pressure on myself, and a lot of that, for me, was about finding a moral high ground. As I've grown up, I've decided to abandon that because it made me judgmental and also stressed me out.

作为一个青少年，我给自己施加了很多压力，而其中很大一部分，对我来说，就是要找到一个道德高地。随着我的成长，我决定放弃它，因为它让我做出判断，也给我带来了压力。

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You had to decompress the pressure before the race. I taught my heart to relax. I lay down before the race. It gave me more energy just before the race.

你必须在比赛前减压。我教我的心放松。我在比赛前躺了下来。就在比赛前，它给了我更多的能量。

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Knowing policy does help make the gossip more understandable.

了解政策确实有助于让八卦变得更容易理解。

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