Because real GNP fell only slightly in 1974, the demand curve for real money shifted only slightly to the left.

由于实际GNP在1974年仅仅轻微下滑，实际货币需求曲线仅仅微小幅度左移。

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But by 1975, there was a large fall in real GNP which, in turn, reduced the demand for real money.

但是，在1975年，实际GNP却有了大幅下降，这减少了实际货币需求。

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All this money sloshing around looking for a home is not healthy - it indicates a real lack of demand in other parts of the global economy.

这些资金四处流动、寻找可以落地的地方，这是不健康的——它表明全球经济的其他部分的确存在需求匮乏的情况。

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Fluctuations in the market price of gold as measured in dollars and euros would send the respective central banks real-time information on how to adjust dollar and euro liquidity to accommodate the demand for money.

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