On the other hand, when I contemplate the US economy, I conclude that recovery from the Great Depression, and not 1924-1927 or 2003-2005, is the episode that most closely resembles current circumstances. Only in the 1930’s were interest rates near zero.
另外一个方面，当我思考美国经济时，我推断大萧条的复苏——而不是1924~1927年或2003~2005年——是与当前情况最相似的时期。只有在1930年代银行利率为零。也只有在那时经济正从大型金融危机中摆脱出来。