通货膨胀将要降低,所以名义汇率实际上会更有吸引力。
Inflation would be lower and so nominal rates would be more attractive in real terms.
在一个生产率迅速增长的新兴经济体国内,其实际汇率也会随着时间的推移而上升,方式则可能要么通过高通货膨胀率,要么就是名义汇率的上升。
In an emerging economy with rapid productivity growth the real exchange rate should rise over time, through either higher inflation or a rise in the nominal exchange rate.
联系汇率制造成的通货膨胀和资产泡沫代价非常高。
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