We may, as I argued last month in the Financial Times, be in a period of “secular stagnation” in which sluggish growth and output, and employment levels well below potential, might coincide for some time to come with problematically low real interest rates.
正如我上個(gè)月在《金融時(shí)報(bào)》(Financial Times)撰文指出的那樣，我們現(xiàn)在或許處于“長期停滯”時(shí)期——經(jīng)濟(jì)增長疲軟、產(chǎn)值低迷以及就業(yè)率遠(yuǎn)低于潛在水平，也許會跟成問題的低實(shí)際利率共存一段時(shí)間。
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