{"id":619288,"date":"2026-02-06T01:59:31","date_gmt":"2026-02-06T09:59:31","guid":{"rendered":"https:\/\/nai500.com\/?p=619288"},"modified":"2026-02-06T01:59:31","modified_gmt":"2026-02-06T09:59:31","slug":"warsh-clarida","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/02\/warsh-clarida\/","title":{"rendered":"Warsh\u3001Clarida \u4e0e\u7f8e\u8054\u50a8\u9886\u5bfc\u5c42\u98ce\u9669\u6ea2\u4ef7"},"content":{"rendered":"

\u5e02\u573a\u81ea\u79f0\u538c\u6076\u4e0d\u786e\u5b9a\u6027\uff0c\u5374\u53c8\u50cf\u628a\u8fde\u7eed\u6027\u5f53\u4f5c\u65e2\u5b9a\u4e8b\u5b9e\u6765\u4ea4\u6613\u3002\u5982\u679c\u97e7\u6027\u4ec5\u4ec5\u662f\u7531\u4fe1\u5fc3\u620f\u5267\u5ef6\u8fdf\u7684\u8106\u5f31\u6027\u600e\u4e48\u529e\uff1f\u4e00\u4f4d\u66fe\u4efb\u7f8e\u8054\u50a8\u526f\u4e3b\u5e2d\u3001\u73b0\u4efb\u5927\u578b\u503a\u5238\u7ba1\u7406\u4eba\u7684\u4eba\u58eb\u521a\u521a\u5c31\u53ef\u80fd\u7684\u65b0\u4efb\u4e3b\u5e2d Kevin Warsh \u53d1\u8868\u770b\u6cd5\u3002\u8ba8\u8bba\u4e00\u76f4\u96c6\u4e2d\u5728\u9e70\u6d3e\u4e0e\u9e3d\u6d3e\u4e4b\u4e89\u3002\u66f4\u6df1\u5c42\u7684\u95ee\u9898\u66f4\u7b80\u5355\u4e5f\u66f4\u5371\u9669\uff1a\u6295\u8d44\u8005\u662f\u5426\u5df2\u4e3a\u7f8e\u5143\u4f53\u7cfb\u6838\u5fc3\u5904\u7684\u7a81\u53d1\u5236\u5ea6\u6027\u8f6c\u53d8\u8ba1\u4ef7\u4e86\u6210\u672c\uff1f<\/p>\n

\u7f8e\u8054\u50a8\u4e3b\u5e2d\u66f4\u8fed\u662f\u7ed3\u6784\u6027\u65ad\u88c2<\/h3>\n

\u7f8e\u8054\u50a8\u4e3b\u5e2d\u4e0d\u662f\u4e00\u79cd\u98ce\u683c\u5316\u7684\u70b9\u7f00\u3002\u5b83\u662f\u5e02\u573a\u67b6\u6784\u4e2d\u7684\u627f\u91cd\u6881\u3002\u5f6d\u535a\u5bf9\u4e00\u4f4d\u524d\u526f\u4e3b\u5e2d\u5173\u4e8e Warsh \u63d0\u540d\u7684\u8bbf\u8c08\u662f\u4e00\u4e2a\u6709\u76ca\u7684\u63d0\u793a\uff0c\u4fc3\u4f7f\u6211\u4eec\u91cd\u6e29\u4e00\u4e2a\u9648\u65e7\u4f46\u91cd\u8981\u7684\u9519\u8bef\u3002\u6295\u8d44\u8005\u628a\u9886\u5bfc\u5c42\u5f53\u4f5c\u56f4\u7ed5\u7a33\u5b9a\u89c4\u5219\u7684\u566a\u97f3\u3002\u5386\u53f2\u544a\u8bc9\u6211\u4eec\uff0c\u5b83\u662f\u7ed3\u6784\u6027\u65ad\u88c2\u7684\u6765\u6e90\u3002\u5f53 Alan Greenspan \u5728 1987 \u5e74\u80a1\u707e\u540e\u53d1\u51fa\u7b80\u5355\u7684\u6d41\u52a8\u6027\u627f\u8bfa\u65f6\uff0c\u4ed6\u8bbe\u5b9a\u4e86\u4e00\u79cd\u5bf9\u5e72\u9884\u7684\u9884\u671f\uff0c\u8fd9\u79cd\u9884\u671f\u8d85\u8d8a\u4e86\u5371\u673a\u672c\u8eab\u3002\u5f53 Ben Bernanke \u5728 2013 \u5e74\u8bd5\u56fe\u6f84\u6e05\u524d\u77bb\u6027\u6307\u5f15\u65f6\uff0c\u7f29\u51cf\u6050\u614c\u5c55\u793a\u4e86\u8fd9\u4e9b\u9884\u671f\u7a76\u7adf\u6709\u591a\u8106\u5f31\u3002Jerome Powell \u5728 2018 \u5e74\u5173\u4e8e\u8fdc\u672a\u4e2d\u6027\u7acb\u573a\u7684\u8a00\u8bba\u52a9\u957f\u4e86\u66b4\u529b\u7684\u7b2c\u56db\u5b63\u5ea6\uff0c\u968f\u540e\u53c8\u51fa\u73b0\u4e86\u8f6c\u5411\u3002\u9ad8\u5c42\u66f4\u8fed\u4e0d\u662f\u5173\u4e8e 25 \u4e2a\u57fa\u70b9\u7684\u95ee\u9898\u3002\u5b83\u610f\u5473\u7740\u53cd\u5e94\u51fd\u6570\u7684\u8f6c\u53d8\u3001\u5bf9\u4e0d\u786e\u5b9a\u6027\u7684\u5bb9\u5fcd\u5ea6\u6539\u53d8\uff0c\u4ee5\u53ca\u534f\u8c03\u6570\u4e07\u4ebf\u8d44\u672c\u7684\u6c9f\u901a\u6846\u67b6\u7684\u6539\u53d8\u3002\u8fd9\u5c31\u662f\u4e00\u79cd\u5236\u5ea6\u53d8\u66f4\u3002\u5e94\u5f53\u628a\u5b83\u89c6\u4e3a\u5982\u6b64\u3002<\/p>\n

\u524d\u77bb\u6027\u6307\u5f15\u662f\u4e00\u79cd\u534f\u8c03\u535a\u5f08<\/h3>\n

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\u89c4\u5219\u3001\u88c1\u91cf\u4e0e\u6ce2\u52a8\u6027\u7a0e<\/h3>\n

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