一个国家只有采取更具弹性的汇率制度才能控制金融政策。
And a country cannot control its monetary policy unless it accepts a more flexible exchange rate.
他的选择,是中国采用美国的无锚货币制,严谨地控制货币量,让汇率自由浮动。
His choice was that China go to fiat money, control the money supply tightly, and let the exchange rate float.
不还款的国家也将停止使用欧元,采用本国的货币,以此来获取对本国利率和汇率的控制。
The defaulting country will also abandon the euro and create its own currency to regain some control over its interest rates and exchange rate.
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