If the ratio of broad to base money were constant, such fears would be warranted.
如果广泛货币与基础货币比率是常数的话,这种担心不无道理。
In coming weeks, base money supply growth is set to accelerate by as much as 15-20%.
未来几周,基础货币供应量的增长速度将提高15% - 20%。
Central Banks are producing more base money and reducing the quality of their assets.
央行印刷更多的基础货币,降低资产质量。
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