货币理论告诉我们通货膨胀不是单纯地源于货币供给的增加,准确地说,是源于货币供应超过其需求。
Monetary theory teaches that inflation is caused not only by an increase in the supply of money, but also by an increase in the supply of money that overwhelms demand.
我们在抑制通货膨胀方面取得了巨大进展。
我们祸不单行:通货膨胀加上经济衰退。
So we would say the real interest rate equals the nominal rate-- approximately equals--the nominal rate minus the inflation rate.
我们可以推出实际利率约等于,名义利率减去通货膨胀率
The value of money changes through time because of inflation or deflation; yet, most of our debts are written in money terms.
货币的价值因时而异,那是因为存在通货膨胀和通货紧缩;,但是,我们大多数负债都以货币方式记录。
Last year we had 4% inflation 4% inflation is high by traditional standards.
去年,我们有4%的通货膨胀,用传统标准衡量,4%是很高的了。
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