New Keynesian models, monetarist models, even Austrian models are all predicated on the notion that nominal shocks created by poor monetary policy generate business cycles.

• 新凯恩斯主义模型、货币主义模型甚至是奥地利模型都是基于这样的观点，那就是不好的货币政策多制造的震动生成了商业周期。