然而，价格和人均国民总产值的关系可以用来估计短期的货币真正价值。

However, the relationship between prices and GDP per head can be used to estimate the short-term fair value of a currency relative to others.

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奇怪的是中央银行家们完全否认长期利率的任何责任，而原则上长期利率部分基于对短期利率变动的估计。

There is something odd about central bankers denying any responsibility at all for long-term rates, which are, in principle, based partly on an assessment of a stream of short-term rates.

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为评定危机的绝对风险需要估计外部筹资需求（定义为经常账户余额和股票短期借款的总和）在接下来的12个月中。

To assess the absolute risk of a crisis you need to estimate external-financing needs (defined as the sum of the current-account balance and the stock of short-term debt) over the next 12 months.

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