The economic collapse, when inflows of capital halt, can be very painful - even more so if a fixed exchange rate (or currency union) demands a period of falling nominal wages and prices.
当资本流入停滞的时候，经济崩溃可能是非常痛苦的——如果固定汇率(或货币联盟)要求名义工资和价格在一定时期内下降，情况就更加糟糕。
The economic collapse, when inflows of capital halt, can be very painful - even more so if a fixed exchange rate (or currency union) demands a period of falling nominal wages and prices.
当资本流入停滞的时候，经济崩溃可能是非常痛苦的——如果固定汇率(或货币联盟)要求名义工资和价格在一定时期内下降，情况就更加糟糕。
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