If you wanted to have a real frame, then you would index to the consumer price index or some other inflation index.

如果你想以实物框架理念来看的话，你就得将消费物价指数或者,其它通胀指数考虑在内。

耶鲁公开课 - 金融市场课程节选

Now, what happened was the U.S. Government-- or the Massachusetts Government--had created high inflation during the war and nobody wanted to lend money to it so they create here a price index.

当时的美国政府,或者说麻省州政府在战争期间引发了高通胀,以至于没人愿意借钱给他们,于是他们制定了一个价格指数

耶鲁公开课 - 金融市场课程节选

Now there was inflation with regard to a basket of the Consumer Price Index is not just the price of gold; it's the price of many things but the there would be inflation or deflation as the relative price of gold changed.

现在，就一组物品来说，是存在通货膨胀的,消费者价格指数并不仅仅是金子的价格；,它是很多东西的价格，但是,当金子的相对价格变化时,通货膨胀或通货紧缩就会发生。

耶鲁公开课 - 金融市场课程节选