Only if the rate of growth of the money supply exceeds the rate of growth of production will a general increase in prices ensue.
只要货币供应量增长速度超过生产的增长速度，价格普遍提高将随之而来。
It has been rapid increases in money and credit that have driven the current boom in China, and it will be the reduction in the growth rate of those variables that causes the bust.
迄今为止，货币供应和信贷剧增造就了中国当前的繁荣，而二者增长率的下降也将引发中国经济崩盘。
In many cases of past rebalancing, an undervalued exchange rate also led to excessive growth in money supply, making it harder to tame inflation.
在很多调整平衡的情况下，低估的汇率还会导致货币供应过度增长，增加平抑通货膨胀的难度。
On the other hand, it reflects the low opportunity cost of holding money, as signalled in particular by the rise in the annual growth rate of M1 in recent months.
货币供应量不断增长的另一部分原因在于，目前持有货币的机会成本较低，近几个月来，M1的同比增长尤其迅速。
Only if the rate of growth of the money supply exceeds the rate of growth of production will a general increase in prices ensue.
只要货币供应的增长率超过生产的增长率，一个普遍的价格上涨就会随之而来。
Only if the rate of growth of the money supply exceeds the rate of growth of production will a general increase in prices ensue.
只要货币供应的增长率超过生产的增长率，一个普遍的价格上涨就会随之而来。
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