when he spoke of all those Harberger triangles filling an Okun gap.

奥肯缺口时所强调的那种福利增进
And [they] are not susceptible to the critique that

而且这不会受到
what you lose on the swings you gain on the swerves

那种有失有得评论的影响
that's associated with the more conventional view of cyclical fluctuations.

这与更传统的周期性波动观点有关
It should be clear, from what I have said, where I am going.

我的出发点和结论应该比较清晰
My suggestion is really, to echo Ben Bernanke's suggestion,

我的建议是全然响应本·伯南克的观点
that the destruction of financial intermediation capital

即金融中介资本的破坏
should be thought of

应该被认为是
as reducing the economy's potential to generate output and,

削弱了经济形成产出的潜能
in that process, making people poorer

在此过程中还使得人们更贫穷
and reducing the level of demand as well.

并降低了需求水平
When that process kicks in to a substantial extent--

当该过程具体化表现时