不确定性阻碍了美国经济发展

 　　不确定性阻碍了美国经济发展

　　WASHINGTON, Dec. 8 (Xinhua) -- The U.S. Federal Reserve's expansionary monetary¹ policy to some extent has boosted U.S. economic growth, but the U.S. economy and business owners are confronted with great uncertainty² due to political brinkmanship, says former Federal Reserve Chairman Alan Greenspan.

　　The Fed's long-term low-rate interest policy has some "buoying³ elements" in U.S. economic growth, but "the level of uncertainty about the very long-term future is far greater than at any time I particularly remembered," Greenspan said during an interview with CNN aired Sunday.

　　"Even though we have very major expansion of the balance sheets, it has not essentially⁴ spilled over in lending by commercial banks into the usual pattern that one sees when reserves go up," he contended.

　　Since the onset⁵ of the financial crisis, the Fed has kept its short-term interest rate at a historically low level and completed two rounds of quantitative⁶ easing (QE) programs.

　　It is now purchasing longer-term government debt and mortgage-backed securities at a pace of 85 billion U.S. dollars per month, dubbed⁷ as the QE3, with its balance sheet surpassing 3.9 trillion dollars.

　　"There is a political difference of significant dimensions between people who believe that the extent of government intervention⁸ has been so horrendous⁹ that businesses cannot basically decide what to do about the future," Greenspan said.

　　Two years ago the percentage of cash flow of business that is invested in any form of capital asset was at the lowest level since 1938, he noted¹⁰, adding that it is improved somewhat but still extraordinarily¹¹ low.

　　"And what we're observing there is with all this money coming in, all the profit, the cash flow, it cannot find adequate investments to use it," said Greenspan.

　　Janet Yellen, who is expected to become the first female chair in the Fed's 100-year history, is a "very good" economist¹², and "she knows exactly what is going on," he commented.

　　"She will do as well as anyone I can think can handle it. But there's a different type of problem that's going to be occurring. None of us has handled this before," he said.

1 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

2 uncertainty   

n.易变，靠不住，不确知，不确定的事物

参考例句：

• Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
• After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后，压力开始产生影响了。

3 buoying   

v.使浮起( buoy的现在分词 )；支持；为…设浮标；振奋…的精神

参考例句：

• For years, the government has been buoying up cotton prices. 多年来政府一直保持棉花高价格。 来自互联网
• He is buoying the channel. 他在用浮标指示航道。 来自互联网

4 essentially   

adv.本质上，实质上，基本上

参考例句：

• Really great men are essentially modest.真正的伟人大都很谦虚。
• She is an essentially selfish person.她本质上是个自私自利的人。

5 onset   

n.进攻，袭击，开始，突然开始

参考例句：

• The drug must be taken from the onset of the infection.这种药必须在感染的最初期就开始服用。
• Our troops withstood the onset of the enemy.我们的部队抵挡住了敌人的进攻。

6 quantitative   

adj.数量的，定量的

参考例句：

• He said it was only a quantitative difference.他说这仅仅是数量上的差别。
• We need to do some quantitative analysis of the drugs.我们对药物要进行定量分析。

7 dubbed   

v.给…起绰号( dub的过去式和过去分词 )；把…称为；配音；复制

参考例句：

• Mathematics was once dubbed the handmaiden of the sciences. 数学曾一度被视为各门科学的基础。
• Is the movie dubbed or does it have subtitles? 这部电影是配音的还是打字幕的？ 来自《简明英汉词典》

8 intervention   

n.介入，干涉，干预

参考例句：

• The government's intervention in this dispute will not help.政府对这场争论的干预不会起作用。
• Many people felt he would be hostile to the idea of foreign intervention.许多人觉得他会反对外来干预。

9 horrendous   

adj.可怕的，令人惊惧的

参考例句：

• He described it as the most horrendous experience of his life.他形容这是自己一生中最可怕的经历。
• The mining industry in China has a horrendous safety record.中国的煤矿工业具有令人不安的安全记录。

10 noted   

adj.著名的，知名的

参考例句：

• The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
• Jim is noted for arriving late for work.吉姆上班迟到出了名。

11 extraordinarily   

adv.格外地；极端地

参考例句：

• She is an extraordinarily beautiful girl.她是个美丽非凡的姑娘。
• The sea was extraordinarily calm that morning.那天清晨，大海出奇地宁静。

12 economist   

n.经济学家，经济专家，节俭的人

参考例句：

• He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
• He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。