此外，利率波动和不确定性鼓励了套利行为，导致部分央行提供的流动性流向了一些有损于社会利益的寻租和股票投机，而没有实现帮助实业的初衷。
Moreover, interest-rate volatility and uncertainty encourages arbitrage and investment in socially costly rent-seeking and speculation, with central-bank liquidity flowing to financial markets, instead of fulfilling its intended purpose of helping the real sector.