With so many dollars going abroad, the American economy should have been in a much weaker shape than it appeared. But, much as the Bush administration tried to hide the true costs of the war by incomplete and misleading accounting, the economy’s flaws were covered up by a flood of liquidity from the Federal Reserve and by lax financial regulation.
随着美元大量外流，美国经济理应比现在看起来的要差劲。但是，正如布什政府竭力通过不完整和误导的会计手法来掩盖战争的实际代价，美联储提供了大量的流动资金而且金融行业监管松弛掩盖了经济缺陷。