近期美国回购市场异常的一幕说明了什么？退出宽松货币政策何其难！

译者  王为文中黑字部分为原文，蓝字部分为译文，红字部分为译者注释或补充说明Who Could Have Known: What The Repo Fiasco Entailsby Michael Lebowitz and Jack Scott Imagine approaching a friend that you think is very wealthy and asking her to borrow ten thousand dollars for just one night. To entice her, you offer as collateral the title to your 2019 Lexus parked in her driveway along with an interest rate that is 5% above that which she is earning in the bank. Shockingly, your friend says she can’t. Given the risk-free nature of the transaction and excellent one-day profit, we can assume that our friend may not be as wealthy as we thought.假设你有一个朋友，你认为他很有钱，你向他开口借1万块，今天借明天还。为了让他感到放心，你承诺将自己的2019年最新款雷克萨斯轿车停在他们家楼下作抵 ………………………………