At the peak of his interventions, the Fed came to resemble the Soviet Gosbank, as much a micro-allocator of credit as a steward of macroeconomic policy.

在干预力度最大的时期，美联储开始效仿前苏联中央银行，不仅充当宏观经济政策的管理者，而且还充当信贷的微观分配者。

youdao

At the peak of his interventions, the Fed came to resemble the Soviet Gosbank, as much a micro-allocator of credit as a steward of macroeconomic policy.

在干预力度最大的时期，美联储开始效仿前苏联中央银行，不仅充当宏观经济政策的管理者，而且还充当信贷的微观分配者。

youdao