Tim Duy points us to a striking speech by Lael Brainard, who recently joined the Fed Board of Governors, which takes a notably more dovish line than we’ve been hearing from Yellen and Fischer. Basically, Brainard comes down on the Summers/DeLong/Krugman precautionary principle side of the debate, arguing that given uncertainty about the path of the natural rate of interest, and great asymmetry in the consequences of moving too soon versus too late, rate hikes should be put on hold until you see the whites of inflation’s eyes.
Tim Duy points us to a striking speech by Lael Brainard, who recently joined the Fed Board of Governors, which takes a notably more dovish line than we’ve been hearing from Yellen and Fischer. Basically, Brainard comes down on the Summers/DeLong/Krugman precautionary principle side of the debate, arguing that given uncertainty about the path of the natural rate of interest, and great asymmetry in the consequences of moving too soon versus too late, rate hikes should be put on hold until you see the whites of inflation’s eyes.
>>28 Tim Duy points us to a striking speech by Lael Brainard, who recently joined the Fed Board of Governors, which takes a notably more dovish line than we’ve been hearing from Yellen and Fischer. Basically, Brainard comes down on the Summers/DeLong/Krugman precautionary principle side of the debate, arguing that given uncertainty about the path of the natural rate of interest, and great asymmetry in the consequences of moving too soon versus too late, rate hikes should be put on hold until you see the whites of inflation’s eyes.
Tim Duy points us to a striking speech by Lael Brainard, who recently joined the Fed Board of Governors, which takes a notably more dovish line than we’ve been hearing from Yellen and Fischer. Basically, Brainard comes down on the Summers/DeLong/Krugman precautionary principle side of the debate, arguing that given uncertainty about the path of the natural rate of interest, and great asymmetry in the consequences of moving too soon versus too late, rate hikes should be put on hold until you see the whites of inflation’s eyes.
Tim Duy points us to a striking speech by Lael Brainard, who recently joined the Fed Board of Governors, which takes a notably more dovish line than we’ve been hearing from Yellen and Fischer. Basically, Brainard comes down on the Summers/DeLong/Krugman precautionary principle side of the debate, arguing that given uncertainty about the path of the natural rate of interest, and great asymmetry in the consequences of moving too soon versus too late, rate hikes should be put on hold until you see the whites of inflation’s eyes.
(1) come down on the side of [something, someone] に関連して
OED Second Edition の come down の項目で 13. To decide (in favour of), to resolve (to support).
(1-1) 1934 G. B. Shaw On Rocks ii. 261, I might ●come down on your side●, Arthur, if I spotted you as a winner. (1-2) 1951 Mind 60 124 Woozley..●comes down in favour of● a Stoutean form of expression. (1-3) 1980 New Yorker 4 Jan. 65 (caption) Dearly beloved, this morning I am going to ●come down on one side of● two very large possibilities.
(2) come down on [someone] に関連して
これについては、なかなかイメージがつかめなくて暗記しにくかったけど、下記の OED の解説にある通り "to come down on [somebody] like a ton of bricks" （1トンの煉瓦のごとく上から崩れ落ちてくる）という口語表現もついでに覚えてしまえば、 すぐに "to come down on" の意味合いが納得できた。
OED Second Edition の come down の項目で 7. ●come down upon● --: to descend with authority, severity, hostility, or suddenness upon; to make an attack by surprise upon; to make a demand or call which is felt to press on or upon one. Colloq. phr. ●to come down on or upon (a person) like a ton of bricks●, to reprimand or punish (a person) severely.
1964 New Society 20 Feb. 8/3 Nobody's interested until you actually break the law then they ●come down on you like a ton of bricks●.
課題 I would, owever, like to give props to Nate Silver, who had a good post a month ago about Hillary Clinton’s “poll-deflating feedback loop” set off by the erroneous Times story about a supposed criminal investigation. He noted that at the time Clinton’s press coverage was almost completely dominated by three kinds of negative stories: emails, declining poll numbers, and Biden speculation. And these stories were mutually reinforcing: weak poll numbers led to more Biden speculation, more negative stories hurt the poll numbers, and — Silver doesn’t say this, but it was obvious ー there was a blood-in-the-water effect on the press, which was encouraged to indulge its Clinton derangement syndrome by signs of weakness.
there was a blood-in-the-water effect on the pressとはこの場合具体的 にどういうことですか？説明しなさい。
訂正 課題 I would, however, like to give props to Nate Silver, who had a good post a month ago about Hillary Clinton’s “poll-deflating feedback loop” set off by the erroneous Times story about a supposed criminal investigation. He noted that at the time Clinton’s press coverage was almost completely dominated by three kinds of negative stories: emails, declining poll numbers, and Biden speculation. And these stories were mutually reinforcing: weak poll numbers led to more Biden speculation, more negative stories hurt the poll numbers, and — Silver doesn’t say this, but it was obvious ー there was a blood-in-the-water effect on the press, which was encouraged to indulge its Clinton derangement syndrome by signs of weakness.
there was a blood-in-the-water effect on the pressとはこの場合具体的 にどういうことですか？説明しなさい。
(1) Blood in the Water match https://en.wikipedia.org/wiki/Blood_in_the_Water_match
(2) (idiomatic) In a competitive situation, the exhibition of apparent weakness or vulnerability by one party, especially when this leads to a feeling of vulnerability or greater pressure to perform on the part of the weak party, and/or enhanced expectation of victory by the other(s). (このあと、例文が3つもある) https://en.wiktionary.org/wiki/blood_in_the_water
I would, however, like to give props to Nate Silver, who had a good post a month ago about Hillary Clinton’s “poll-deflating feedback loop” set off by the erroneous Times story about a supposed criminal investigation. He noted that at the time Clinton’s press coverage was almost completely dominated by three kinds of negative stories: emails, declining poll numbers, and Biden speculation. And these stories were mutually reinforcing: weak poll numbers led to more Biden speculation, more negative stories hurt the poll numbers, and — Silver doesn’t say this, but it was obvious ー there was a blood-in-the-water effect on the press, which was encouraged to indulge its Clinton derangement syndrome by signs of weakness.
there was a blood-in-the-water effect on the pressとはこの場合具体的 にどういうことですか？説明しなさい。
課題 I would, however, like to give props to Nate Silver, who had a good post a month ago about Hillary Clinton’s “poll-deflating feedback loop” set off by the erroneous Times story about a supposed criminal investigation. He noted that at the time Clinton’s press coverage was almost completely dominated by three kinds of negative stories: emails, declining poll numbers, and Biden speculation. And these stories were mutually reinforcing: weak poll numbers led to more Biden speculation, more negative stories hurt the poll numbers, and — Silver doesn’t say this, but it was obvious ー there was a blood-in-the-water effect on the press, which was encouraged to indulge its Clinton derangement syndrome by signs of weakness.
there was a blood-in-the-water effect on the pressとはこの場合"具体的" にどういうことですか？説明しなさい。
I would, however, like to give props to Nate Silver, who had a good post a month ago about Hillary Clinton’s “poll-deflating feedback loop” set off by the erroneous Times story about a supposed criminal investigation. He noted that at the time Clinton’s press coverage was almost completely dominated by three kinds of negative stories: emails, declining poll numbers, and Biden speculation. And these stories were mutually reinforcing: weak poll numbers led to more Biden speculation, more negative stories hurt the poll numbers, and — Silver doesn’t say this, but it was obvious ー there was a blood-in-the-water effect on the press, which was encouraged to indulge its Clinton derangement syndrome by signs of weakness.
I would, however, like to give props to Nate Silver, who had a good post a month ago about Hillary Clinton’s “poll-deflating feedback loop” set off by the erroneous Times story about a supposed criminal investigation. He noted that at the time Clinton’s press coverage was almost completely dominated by three kinds of negative stories: emails, declining poll numbers, and Biden speculation. And these stories were mutually reinforcing: weak poll numbers led to more Biden speculation, more negative stories hurt the poll numbers, and — Silver doesn’t say this, but it was obvious ー there was a blood-in-the-water effect on the press, which was encouraged to indulge its Clinton derangement syndrome by signs of weakness.
I would, however, like to give props to Nate Silver, who had a good post a month ago about Hillary Clinton’s “poll-deflating feedback loop” set off by the erroneous Times story about a supposed criminal investigation. He noted that at the time Clinton’s press coverage was almost completely dominated by three kinds of negative stories: emails, declining poll numbers, and Biden speculation. And these stories were mutually reinforcing: weak poll numbers led to more Biden speculation, more negative stories hurt the poll numbers, and — Silver doesn’t say this, but it was obvious ー there was a blood-in-the-water effect on the press, which was encouraged to indulge its Clinton derangement syndrome by signs of weakness.
I would, however, like to give props to Nate Silver, who had a good post a month ago about Hillary Clinton’s “poll-deflating feedback loop” set off by the erroneous Times story about a supposed criminal investigation. He noted that at the time Clinton’s press coverage was almost completely dominated by three kinds of negative stories: emails, declining poll numbers, and Biden speculation. And these stories were mutually reinforcing: weak poll numbers led to more Biden speculation, more negative stories hurt the poll numbers, and — Silver doesn’t say this, but it was obvious ー there was a blood-in-the-water effect on the press, which was encouraged to indulge its Clinton derangement syndrome by signs of weakness.
