The key problem in times like these is that investor demand for safe, secure, and liquid assets – and thus their value – is too high, while demand for assets that underpin and finance the economy’s productive capital is too low. The obvious solution is for governments to create more cash to satisfy the demand for safe, secure, liquid assets.
历次金融危机的核心问题都是如何保证投资者安全，稳定和流动的资产，对于政府来说，解决问题的答案就是提供更多的流动现金来满足这种需求。