一位才华横溢的色彩作曲家：Howard Behrens 绘画作品欣赏
These three things—i.e., 1) debt service obligations in relation to cash flows needed to meet them, 2) demand relative to the capacity to meet it, and 3) the relative attractiveness of each of the different capital markets for both those who seek to invest their money well and those who seek to get funding well—fluctuate around their equilibrium levels in an interactive way, with the pushing for equilibrium in one shoving the other out of equilibrium. If these conditions remain out of equilibrium for long, intolerable circumstances will ensue, which will drive changes toward these equilibria. For example, if the economy’s usage of capacity (e.g., labor and capital) remains low for an extended period of time, that will lead to social and political problems, as well as business losses, which will produce change until the equilibria are reached. The US in the Great Depression is a classic example of this process: at first the US provided too little stimulation, until the resulting deep depression brought about the election of President Franklin Roosevelt, who subsequently printed money and devalued the dollar to stimulate the economy.
清 陈鸣远 束竹壶
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