货币

With credit rationing, monetary policy has a direct transmission channel but uncertain effects as well.

信贷配给的存在为货币传导提供了一个直接的信贷渠道，但同时也使货币政策的效果具有不确定性。

Based on the "Trilemma" theory of China's current exchange rate system weakening the independence of monetary policy the inevitability of the Perspective of the money supply endogenous influence on the economy.

本文基于"三元悖论"理论分析了当前我国汇率制度下货币政策的独立性减弱的必然性，透视了货币供给内生性对经济的影响。

What could really help the region to tighten policy in an orderly manner without the constraints of the trilemma is sustained monetary tightening in the developed world.

真正有助于该地区以有序的方式收紧货币政策、而又不致出现三元悖论的情况就是，发达经济体持续收紧货币政策。

In this connection, policy contradictions resulting from the 'Policy Trilemma' proposed by Mundell-Fleming are examined to analyze the cost of gradualist capital account openness, such as capital flight in anticipation of currency devaluation and excess capital inflow coupled with asset appreciation spawned by currency revaluation.

本文首先以蒙代尔-弗莱明"三元悖论"导致的政策冲突分析了资本账户渐进开放的成本，如货币贬值预期下的资本外逃、货币升值预期情况下的资本过度流入以及资产价格上升等。

Inflation hawks are puritans obsessing over monetary turpitude and the debasement of the currency.

通胀鹰派人士是抱持着货币罪恶论、贬低货币的清教徒。

To control the monetary supply, the petroleum and energy reservation must be enlarged from the angle of foreign exchange, and stick to peg to U. S. dollar, developing RMB the fourth most important international currency in a long term.

要合理控制货币供给量，必须从外汇的角度出发，拓宽我国石油、能源的战略储备，且短期坚持盯住美元，长期发展人民币成为国际货币体系的第四极。

Additionally, The empirical results of this research do not support the RIP, because it would vary with different prices and proportion used while making the price index in the range of Eurodollar and US Dollar, and cannot present equitable exchange rate; furthermore, because of imperfect current currency and commodity markets, and many unconsidered factors such as people' incompletely anticipation and money illusion, most researches for validating RIP fail to find out its balanced parity relation.

另外，本文之实证结果并不支持 RIP 的成立，其有可能欧元区与美国在编制物价指数时，所使用的物价项目和比重情况不同而异，因此难以表示出公正之汇价；再者由於现实之货币、商品市场之不完全，与人民不一定能完全预期及存在货币幻觉等许许多多未考虑因素下，故在诸多验证 RIP之文献中，亦大多显示无法找到其均衡之平价关系。

Such courtesy may reflect, among other things, America's appreciation that rich Gulf producers have declined so far to uncouple their currencies from the dollar, despite its falling value and advice from many local economists.

除了其它原因外，布什的这种礼貌姿态可能反映出他赞赏这些富裕的海湾石油生产国拒绝将本国货币与美元脱钩的行为——尽管美元一直在贬值，这些海湾国家的许多经济学家也建议将货币与美元脱钩。

Undistributed profits at most represent about 45% of corporate savings.Therefore, if corporate savings represent 60% of corporate investments, undistributed profits account for no more than 27

弗里德曼的货币政策思想的核心就是货币数量的稳定，保持每年以一个均衡的数量增长，其它目标和手段都为此服务。

Only seller may at any time without notice to buyer set off any liability of buyer to seller against any liability of seller to buyer(in either case howsoever arising and whether any such liability is present or future,liquidated or unliquidated and irrespective of the currency of its denomination)and may for such purpose convert or exchange any currency.

在任何时候，对于卖方来说，只有卖方在没有通知买方的情况下抵销其对买方的任何责任，相反对于买方来说，也有可能在没有通知卖方的情况下抵销对卖方的责任(任何一方不管发生什么，也不管这个责任是现在的或是将来的，已发生的或是未发生的，以及忽视货币流通)，因为这个企图，可能转变或交换任何货币流通。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。