他的选择，是中国采用美国的无锚货币制，严谨地控制货币量，让汇率自由浮动。
His choice was that China go to fiat money, control the money supply tightly, and let the exchange rate float.
当然，要防止通胀，以一个可以成交的实物价格的指数为锚，远胜一篮子用纸造的货币。
Of course, to guard against inflation it would be far better to anchor a currency to a tradable index of real things than to paper currencies.
债权人时不时利用货币锚〇1来对付帮债务人说话的说客。
Creditors have periodically imposed monetary anchors in an attempt to defeat the borrowers' lobby.
这些“货币锚”是在繁荣的时代制定的，但经济衰退时不适宜。
These anchors are devised in prosperous times but run into difficulty during recessions.
这些“货币锚”是在繁荣的时代制定的，但经济衰退时不适宜。
These anchors are devised in prosperous times but run into difficulty during recessions.
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