I do believe that the 1929-33 and 1937-38 deflations were undesirable and are now mostly blamed on the Fed.

我確信1929-1933和1937-1938年的通貨緊縮是不良的中文字幕日韩在线一区，現(xiàn)在來看主要歸因于美聯(lián)儲XXXXfreeXXXX高清。

In the US deflations of 1937-38 and 1948-49, as in Japan, a key short-term interest rate remained at zero.

與日本一樣三级免费操逼视频，美國在1937至1938年間和1948至1949年間發(fā)生通縮時精品视频在线一区二区，也采取措施把關鍵的短期利率保持在零的水平。

In the US deflations of 1937-38 and 1948-49, as in Japan, a key short-term interest rate remained at zero.

與日本一樣人人插人人爱人人操，美國在1937至1938年間和1948至1949年間發(fā)生通縮時A片毛在线视频欧美，也采取措施把關鍵的短期利率保持在零的水準。

Most deflations have not had that effect.

在多數(shù)情況下亚洲综合Av乱码，通縮并未造成上述后果欧美性ai。

Problems arise when the flow and stock deflations interact with each other.

如果流量型通縮和存量型通縮發(fā)生互動，就會產生問題嗯不要视频。