If they should decide to reduce the current account surplus, should they allow faster appreciation of the nominal exchange rate or overheating and faster inflation?
如果他们决定减少经常账户盈余，那么他们是否应该允许名义汇率更快上升，或是经济过热和通胀加速？
The real exchange rate adjusts the nominal exchange rate-the one you normally see quoted-by taking into account changes in the price levels in the two countries involved.
实际汇率是把两国的物价水平考虑在内经过调整的名义汇率，你通常看到引用的是名义汇率。
If your money is in cash, you'll have to wait 19 years for the nominal value of your account to double, assuming the cash earns the historical 3.7 percent annual return.
如果你的钱是现金，假设现金每年的历史回报率为3.7%，那你必须等待19年才能将你账户的名义资产翻倍。
If your money is in cash, you'll have to wait 19 years for the nominal value of your account to double, assuming the cash earns the historical 3.7 percent annual return.
如果你的钱是现金，假设现金每年的历史回报率为3.7%，那你必须等待19年才能将你账户的名义资产翻倍。
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