Monetary growth surged before both bouts of inflation in 1987 - 88 and 1993 - 94 .

1987-88年和 1993-94年 的阶段性通货膨胀之前,货币供给都是大幅增长的.

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Second, monetary growth has been controlled very well.

二是货币增长速度一直控制得很好.

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Hence, monetary growth is becoming inflation through expectation.

因此, 货币增长正在由于市场预期演变成通货膨胀.

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The book traced a causal relationship between the rate of monetary growth andthe price level.

该书探寻了货币增长率和价格水平间的因果关系.

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The book traced a causal relationship between the rate of monetary growth and the price level.

这本书细致地描绘了货币供应变化和通胀的水平因果关系.

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