流通货币量 meaning in English
circulating quantity of money
Examples
- Circulating quantity of money
流通货币量 - In the new paper i recently wrote on asian learning the wrong lessons from its 1997 - 98 crisis i argued that policies of fixed exchange rates in china and other asian countries are leading to excessive forex reserve accumulation that , being only partially sterilized , leads to excessive monetary and credit creation that , in turn , causes dangerous investment bubbles and asset price bubbles
在这篇文章中我谈到亚洲开始从97 - 98的金融风暴中学到教训，并且我认为固定汇率制才是中国及其亚洲邻邦的超额外汇储备之首要原因：尽管屏蔽了小部分影响，固定汇率还是使得她们国内市场流通货币量与信贷过多，这又造成了投资泡沫和资产价格泡沫的隐患。