1. And they would have known that they were keeping their monetary policy too loose back here and they could've avoided this whipsawing that they did and in 2007 and 2008.

당시에 통화정책을 너무 느슨하게 완화하고 있었다는 것을 깨닫고 2007년과 2008년의 기준금리 변동을 피할 수 있었을 겁니다.