伯南克没有任何推脱责任的意思


伯南克没有任何推脱责任的意思

200863日,伯南克通过通讯卫星在西班牙巴塞罗那召开的国际货币会议上(At the International Monetary Conference, Barcelona, Spain) 就经济前景发表讲话(Remarks on the economic outlook),其中有一段话涉及到中国。中国有一些人对此提出强烈的质疑,认为这是伯南克把次贷危机的责任都推卸给中国!

伯南克在讲话中说,“在金融领域,我已经确认有三个长期的发展与与净储蓄的持续增长密切相关,新兴市场经济体净储蓄供给的显著增长导致了美国房产市场繁荣,以及更广泛的信贷膨胀。这个净储蓄增加的来源包括:高储蓄的东亚国家快速增长、以及中国之外的其他地区减少了投资率,一些新兴市场上外汇储备的高积累;石油出口和其他商品出口国家巨大的收入增长。这些净储蓄货币流的压力导致了全世界范围内较低的长期真实利率,刺激了资产价格(包括房屋价格),推动接收这些货币流的工业化国家出现经常账户赤字,——尤其是在美国。”

让我们来看原文是怎么说的:

In the financial sphere, the three longer-term developments I have identified are linked by the fact that a substantial increase in the net supply of saving in emerging market economies contributed to both the U.S. housing boom and the broader credit boom.1  The sources of this increase in net saving included rapid growth in high-saving East Asian countries and, outside of China, reduced investment rates in that region; large buildups in foreign exchange reserves in a number of emerging markets; and the enormous increases in the revenues received by exporters of oil and other commodities. The pressure of these net savings flows led to lower long-term real interest rates around the world, stimulated asset prices (including house prices), and pushed current accounts toward deficit in the industrial countries--notably the United States--that received these flows.http://www.federalreserve.gov/newsevents/speech/2008speech.htm 

我并不认为伯南克是在胡说八道,因为这是事实。不要去否定这些基本的事实。而且,他不仅提到了中国,还提到了许多国家,一些心胸狭窄的人就误以为这是伯南克在推脱责任,是跟中国过不去,完全是言过其实。