The ECB has done all it can for growth by giving Europe a prolonged period of monetary stability at record low interest rates. Does anyone really believe consumers are holding back on spending —and businessmen postponing their investments—in anticipation of that next drop in interest rates?
通过将利率维持在历史最低纪录，ECB已经使欧洲在很长一段时间保持了货币稳定。有谁真的相信在预料到利率下调后，消费者们会对开销支出缩手缩脚——商人们会延缓他们的投资呢？正如凯恩斯（Keynes）说的那样，师傅引进门，修行在个人。