关键在于如何将这些交互活动货币化。

The key is monetizing those interactions.

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货币供给的变化影响经济活动水平和利率。

Changes in the money supply affect the level of economic activity and the interest rate.

《柯林斯英汉双解大词典》

此外，过去的货币紧缩举措和住房交易活动的放缓，均可能具有滞后效应。

Moreover, the effects of both past monetary tightening and the housing slowdown on activity are likely to operate with lags.

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