Matters are made no better by controlling credit flows via a fiscal government, which is what the eurozone countries have now decided they want. As long as the debtors co-determine the rules, more capital will flow under such an arrangement than markets would permit.
通过财政政府来控制信贷流也绝不是好办法，而欧元区国家现在已决定要这样做了。只要规则是由债务人联合决定的，资本流规模就会大于市场配置情形。