当总量相对较大时,单位货币的购买力就会相对较小。
When the stock is relativelylarge, the purchasing power of the individual units of money will be relativelysmall.
当总体价格水平上涨时,单位货币所能够买到的商品和服务就会减少,也就是说,单位货币的购买力下降了。
When the general price level rises, each unit of currency buys fewer goods and services, which means the purchasing power of each unit of money is reduced.
首先,与货币存量保持不变的情况相比,货币存量的上升必然导致一个货币单位的购买力受损。
First and foremost, a rise in the money stock necessarily leads to an impairment of the purchasing power of a money unit - compared with a situation in which the money stock remains unchanged.
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