Of course, looking tough on inflation is part of any central banker's job description: if investors believe that inflation is going to get out of control, you end up with higher interest rates and capital flight, and a vicious circle quickly ensues.

  • -- James Surowiecki 索罗斯基

当然,对通胀持强硬态度是任何央行行长职责的一部分:如果投资者认为通胀将失控,最终将导致利率上升和资本外逃,恶性循环很快就会出现。

相关名言

The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.

事实上,商业和投资支出才是经济和股市的真正领先指标。如果你想知道股市的走向,那就忘掉消费者支出和零售数据吧。看看企业支出、物价通胀、利率和生产率的提高。

Inflation is not always the main problem, or indeed a problem at all. Sometimes, though rarely, deflation is a more serious threat, and we need to shelve many of the orthodoxies we have held so dear.

通货膨胀并不总是主要问题,甚至根本不是问题。有时,尽管很少,通缩是一个更严重的威胁,我们需要搁置许多我们一直珍视的正统观点。

Whales only get harpooned when they come to the surface, and turtles can only move forward when they stick their neck out, but investors face risk no matter what they do.

鲸鱼只有在浮出水面时才会被鱼叉叉住,海龟只有在伸出脖子时才会向前移动,但投资者无论如何都要面临风险。

The market is ridiculously overcrowded with early stage investors. This results in a talent drain, where the best talent gets diffused and work for their own startups.

市场上早期投资者多得可笑。这导致了人才的流失,最优秀的人才被分散,为自己的创业公司工作。