他在很大程度是对的：考虑到它们其他需要优先考虑的事情和担忧，货币主管部门能采取的最好办法就是倚靠房地产的繁荣，而不是阻碍它的膨胀。
He is mostly right: the best thing that monetary authorities could have done, given their other priorities and concerns, is to lean against the real estate bubble, not stop it from inflating.