It is no coincidence that the US has not had a 1933-style financial crisis ever since. The financial crisis of 2008 came close, but it was precisely the Fed’s readiness to step in as an emergency lender that prevented the worst.
美国自1933年以来便再未发生过类似性质的金融危机，这决不是巧合。2008年金融危机比较接近，但正是美联储时刻准备着作为紧急贷款人出手干预，才防止了最坏情形的发生。