• Inflation is the most important thing according to many views because the Fed has to guarantee the soundness of the money supply -- and there have been so many cases in history when the central bank allowed debasement of the currency through inflation.

    通货膨胀是最重要的事情,根据很多观点,因为美联储必须保证,货币供应的稳固,并且在历史上有太多的例子,当中央银行允许,通过通货膨胀改造货币。

    耶鲁公开课 - 金融市场课程节选

  • The following lecture will be about banking, the supply of money and the money multiplier.

    接下来的课我们讲银行业,货币供应和货币乘数

    耶鲁公开课 - 金融市场课程节选

  • But they spent a lot of time, energy, and money on being sure that they would have a supply of water to hold them for a long siege.

    他们花费了大量的时间,精力,和金钱来确保,在长期的围城中他们可以获得足够的水源

    耶鲁公开课 - 古希腊历史简介课程节选

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