这一进程有助于解释为何公司的普通股和房地产价格在近年来达到顶点，且这些现象在固定汇率体系下是未曾出现过的。
This process helps explain why equity and house prices reached peaks in recent years that were unknown under fixed exchange-rate systems.
按新汇率，500法郎大约只值60美分，但对这儿的普通人来说已经是近半天的工资了。
Five hundred francs is only worth about 60 cents at the new exchange rate—but that is nearly half a day’s wage for the average person here.
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