Gold is the objective indicator of inflation: When its price in any currency rises substantially, that means the unit of account is weakening and that we're inflating.

黄金是通货膨胀的客观指标：无论以什么货币计价，当它的价格实质上升时，就意味着其计价单位的虚弱，也就表明我们正处于通胀之中。

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By this indicator China's currency is about 25% above its level in 2005.

这个指数也指出，中国的货币比2005年的水平要升值了25%。

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The main indicator of a country's intervention in currency markets is its level of foreign reserves.

一国对货币市场干预的最重要的指标是其外汇储备水平。

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Nor is a currency's strength a reliable indicator of international confidence: despite the dollar's slide, few doubt that America's economic prospects, short- and medium-term, are better than Europe's.

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Reserve accumulation, an indicator of the degree of Chinese intervention in the currency market, has slowed markedly since the third quarter of 2011 as China buys less U.S. debt.

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