Improve the international monetary system, improve the reserve currency issuing regulatory regime and maintain relative stability of exchange rates of major reserve currencies.

应完善国际货币体系，健全储备货币发行调控机制，保持主要储备货币汇率相对稳定。

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Besides, it also gives optimal testable strategy and predicts that it is very possible for monetary dominant Ricardian regime to be direction of second institutional reform in China.

除理论框架外，本文还给出了检验该框架的最优检验策略，并且预言货币主导型的李嘉图制度将很可能成为中国第二次制度变革的方向。

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On the traditional meaning, exchange rate regime is a series of arrangements and regulations on how to determine the level and the pattern of the exchange rate by the monetary authorities.

传统意义上，汇率制度被界定为有关汇率决定及其调节的一系列制度性安排和规定。

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Most recently--A few years ago, we were living in a regime of negative real interest rates, when the Fed was pursuing a very aggressive monetary policy.

就在最近几年之前,我们生活在,负实际利率的政策中,当时美联储追求一种,非常激进的货币政策

耶鲁公开课 - 金融市场课程节选

To be fair, it certainly might be possible to create a monetary regime that is worse than the Fed.

FORBES: End the Fed: More than Just a Bumper Sticker Slogan?

Adopting a convertibility rule, however, such as existed under the classical gold standard, would result in a forecast-free monetary regime.

FORBES: The Fed's Incredible Rate Forecasting Hubris

The rule is well suited to deal with divergent developments in different categories of assets, and of countries or regions under a common monetary regime.

ECONOMIST: Fixing the world economy