It is precisely this notion of multiple equilibrium

多重均衡恰好解释了
that explains why banks, more than other institutions,

为什么是银行而非其他机构
are at such pains to project credibility

如此煞费苦心设计其可靠性
and to project permanence.

及持久性
Notice that this metaphor is very powerful

请注意这个隐喻的说法很强大
and is very suggestive of a case for activism

对于激进主义的案例也是很有暗示性的
because it suggests that there are multiple possibilities

因为这意味着对于自由市场的走向问题
to which the free market will be subject.

有着多种可能性
It suggests that if coordination can be achieved,

它暗示着如果能够实现市场协调
there are possibilities that are unambiguously better for everyone

则每个人都有可能从中获利
and possibilities that are worse for everyone.

也可能每个人都遭受损失
It suggests a natural role for government as a coordinator or as a guarantor

这意味着政府扮演着协调者或担保者的角色