I would like to expand the money supply.

它说 我要增加货币供应量。

That the Fed wants to expand the money supply.

亦即它想要扩大货币供应量。

An increase in the money supply can have two effects.

货币供应量的增加会产生两个影响。

Boosting the money supply and dropping interest rates to practically zero.

增加货币供应量，将利率几乎降至零。

So then we said, how much money is in the system?

那么现在整个经济系统货币供应量有多呢?

The Fed Chairman, Paul Volker, decreased the money supply, causing interest rates to shoot up.

于是美联保罗·尔克(Paul Volker)货币供应量，导致利率飙升。

Industrial output and fixed-asset investment also decelerated last month while the expansion in broad money supply remained steady.

工业产出和固定资产投资也在上个月放缓，而广义货币供应量的增长保持稳定。

Another example is to increase the money supply in the market.

另一个例子是增加市场上的货币供应量。

When the Fed lowers interest rates, the money supply increases.

当美联降低利率时，货币供应量增加。

Some economists also see increasing money supply as another major cause of inflation.

一些经济学家还将货币供应量增加视为通货膨胀的另一个要原因。

So, is Milton Friedman's theory always right, that increasing money supply causes prices to increase?

那么，米尔顿·弗里德曼的货币供应量增加导致价格上涨的理论总是正确的吗？

It is a way of depriving governments of the power to expand the money supply to inflationary levels.

这是剥夺政府将货币供应量扩大到通胀水平的权力的一种方式。

That monetarist rule was influential until the 1980s, when the relationship between money supply and gdp broke down.

直到 1980 年代， 货币义规则一直具有影响力，当时货币供应量与 GDP 之间的关系破裂。

In the 1960s Milton Friedman called for central banks to increase the money supply by a set amount every year.

在 1960 年代，米尔顿·弗里德曼 (Milton Friedman) 呼吁中央银行每年增加一定数量的货币供应量。

To give the economy a boost, the Chinese announced a round of spending to help the economy and added to the money supply.

为提振经济，中国宣布一轮支出以帮助经济并增加货币供应量。

In the modern era of paper money, increasing the money supply is a relatively simple matter of turning on the printing presses.

在纸币的现代时代，增加货币供应量是打开印钞机的相对简单的事情。

There is no example in recorded history in which a government increased the money supply ten-fold in one year without prices going up.

在有记载的历史上，还没有政府在一年内将货币供应量增加十倍而物价却没有上涨的例子。

Theoretically, the government could have increased the money supply to bring the price level back up to where it had been before.

从理论上讲，政府可以增加货币供应量，使物价水平回到之前的水平。

The leading classical economists understood that contractions in the money supply could create reduced production, and correspondingly increased unemployment, at a given time.

要的古典经济学家明白，货币供应量的收缩可能会导致生产，并在特定时间相应地增加失业率。

In the four years following the great stock market crash of 1929, the money supply in the United States declined by a staggering one-third.

1929 年股市大崩盘后的四年里，美国的货币供应量下降惊人的三分之一。