In the last part of policy Suggestions, it develops a kind of creative approach to demonstrate how the Central Bank of China attains its monetary stock.

在最后的政策建议中用一种富有创见性的方法来说明央行如何达到货币存量目标。

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However, thanks to monetary activism, Japan's payment system has kept on functioning, even though the stock market has oscillated viciously.

然而，由于央行主动投放了货币，尽管股市剧烈振荡，但日本的支付体系保持了正常运转。

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But there is no widely recognised, monetary measure that sums up this stock of natural, human and physical assets.

但是，我们却没有一个一致认可的货币量度来总括这些自然，人力和实物资产。

youdao

He makes an interesting argument, pointing out how the connection between loose monetary policy and stock markets has changed in the last decade or so.

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Bad decisions on trade, taxes and monetary policy turned a 1929 stock market hiccup into the 1930s-long Great Depression.

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There is not one single event which caused this shift, but rather a combination of higher stock prices, monetary stimulus, continued economic growth and seasonality.

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