The deluge of spare cash has two main sources. First, average real interest rates in the developed world are still below their long-term average.
The deluge of spare cash has two main sources. First, average real interest rates in the developed world are still below their long-term average.
游资泛滥的原因有两点。第一，发展中地区的平均实际利率仍然低于它们的长期平均水平。