The problem with quantitative easing is that it works in practice but it doesn't work in theory.
量化宽松的问题在于它在实践中有效，但在理论上却行不通。
The Federal Reserve is not currently forecasting a recession.
美联储目前没有预测会出现经济衰退。
Under uncertainty, it's better to err on the side of being too aggressive than too passive.
在不确定性下，宁可过于激进也不要过于被动。
Monetary policy is 98% talk and 2% action.
货币政策98%靠说，2%靠行动。
The best way to destroy the capitalist system is to debauch the currency.
摧毁资本主义制度的最好方法是败坏其货币。