Any further increases in the monetary base will either be held in bank vaults or held as cash by individuals and firms, without being spent.
基础货币方面无论怎么再增加都会要么被银行金库吸纳,要么被个人或企业以现金方式所持有,而不会被花出去。
But if the bank of England can no longer lower interest rates, it can still raise the monetary base (cash and commercial-bank reserves), which gives it another way to boost the economy.
但是如果英国银行不能再降低利率,它仍然可以提高货币基础(即:现金和商业银行准备金),这是振兴经济的又一方法。
The club may not have produced enough cash for Mr Tevez, but it has a lot more money than it used to, thanks to a new television deal and a more commercial approach to its vast fan base.
俱乐部买了特维斯也不会产生足够的现金流,但由于新的电视渠道和更多的商业方法---建立粉丝基地,使它的收入已经比过去增加了很多。
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