{"resolved":true,"match_type":"uuid","source_type":"original_book","book_id":"e613fff5-9eda-4e8d-b348-903e6d630253","title":"黑箱社会 控制金钱和信息的数据法则＝THE BLACK BOX SOCIETY","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9787508655208","requested_by":"printed_page","book":{"source_type":"original_book","book_id":"e613fff5-9eda-4e8d-b348-903e6d630253","id":"e613fff5-9eda-4e8d-b348-903e6d630253","uuid":"e613fff5-9eda-4e8d-b348-903e6d630253","title":"黑箱社会 控制金钱和信息的数据法则＝THE BLACK BOX SOCIETY","normalized_title":"黑箱社会控制金钱和信息的数据法则theblackboxsociety","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9787508655208","isbns":["9787508655208"],"parsed":true,"ai_readable":true,"document_type":"book","page_count":318,"navigation_url":"https://workshop.closeclaw.top/ai/book/e613fff5-9eda-4e8d-b348-903e6d630253","title_url":"https://workshop.closeclaw.top/ai/title/%E9%BB%91%E7%AE%B1%E7%A4%BE%E4%BC%9A%20%E6%8E%A7%E5%88%B6%E9%87%91%E9%92%B1%E5%92%8C%E4%BF%A1%E6%81%AF%E7%9A%84%E6%95%B0%E6%8D%AE%E6%B3%95%E5%88%99%EF%BC%9DTHE%20BLACK%20BOX%20SOCIETY","fixed_page_url_template":"https://workshop.closeclaw.top/ai/book/e613fff5-9eda-4e8d-b348-903e6d630253/page/{printed_page}","path_api_url_template":"https://workshop.closeclaw.top/api/ai/book/e613fff5-9eda-4e8d-b348-903e6d630253/page/{printed_page}","read_url":"https://workshop.closeclaw.top/api/ai/read/e613fff5-9eda-4e8d-b348-903e6d630253","page_url":"https://workshop.closeclaw.top/api/ai/books/e613fff5-9eda-4e8d-b348-903e6d630253/page","search_url":"https://workshop.closeclaw.top/api/ai/books/e613fff5-9eda-4e8d-b348-903e6d630253/search"},"page":{"printed_page":187,"pdf_page":206,"physical_index":206,"physical_index_base":0,"printed_page_status":"recognized","page_sha256":"61373dfab0876bcac57e5f183415e6205a5351301fcdbe991baa41306f7b799d"},"chapter":"第三章","content":"与融合决策中心的商法部门联盟一样，大银行和大政府领导人之间的合作意在安抚人心。企业和政府高层的专家们都持有一致的看法和共同的愿景。但彼得·布恩(Peter Boone)和西蒙·约翰逊(SimonJohnson)曾经指出，上述两者的联合也会对公众信心起到压制作用。布恩和约翰逊就预见到了一个“厄运循环”：金融机构的规模之大使人们越来越相信其不可能倒闭，所以它们所冒的风险也越来越大。作为这些机构的有效资助人，政府不可避免地承担了更大的压力。于是有人开始担心政府是否能够在支持巨无霸银行的同时依然保障数千万公民的医疗和福利支出。另外，由于国债利率难以回升，投资者们转而进入金融部门，以获取更多的名义回报。随着10年来国库券的收益触底，财政部门这个黑箱显得越发诱人。\n\n最终的结果是，自顾不暇的政府还要为金融部门的鲁莽埋单，而金融部门依旧我行我素地实施“鞅定价方法”(martingale)战略赌博术语，指赌徒在每次赌输之后都会加倍下注。《金融时报》专栏作家约翰·凯(JohnKay)曾经指出，如果一个人本身具有无限财富，那么只要他的赌赢概率大于零，鞅定价方法策略肯定能够使他成为赢家。但无限的财富无异于痴人说梦，即使是有一天美联储能够通过数字化手段在几个小时内创造数十亿美元，它的财富也不可能无穷无尽。\n\n第四章\n\n金融算法:皇帝的新代码\n\n187","previous_page":186,"next_page":188}