The writer is a professor of economics and public policy at Harvard university and former chief economist at the IMFThe Fed’s expansive actions to prevent the Silicon Valley Bank collapse from becoming systemic, followed by the Suisse National Bank’s massive lifeline to troubled Credit Suisse, left little doubt this week that financial leaders are determined to act decisively when fear starts to set in. Let us leave moral hazard for another day.
本文作者是哈佛大學(Harvard)經濟學及公共政策教授，國際貨幣基金組織(IMF)前首席經濟學家
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