In a free market the price of money is determined by supply and demand, just like the price of other goods.
像其他商品那样,货币在自由市场上的价格是由供给和需求决定的。
The answer is that you need to add "liquidity preference", the supply and demand for money.
答案就是,你要把“流动性偏好”,也就是对现金的需求和供给加入考虑。
The remaining output gap, the slow recovery in domestic demand, and the previously depressed money supply remain the main factors keeping inflation in check.
产量尚存缺口、国内需求复苏缓慢、以前萧条的货币供应等,仍是使通胀水平得到控制的主要因素。
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