Inflation is the most important thing according to many views because the Fed has to guarantee the soundness of the money supply -- and there have been so many cases in history when the central bank allowed debasement of the currency through inflation.
通货膨胀是最重要的事情,根据很多观点,因为美联储必须保证,货币供应的稳固,并且在历史上有太多的例子,当中央银行允许,通过通货膨胀改造货币。
The following lecture will be about banking, the supply of money and the money multiplier.
接下来的课我们讲银行业,货币供应和货币乘数
But they spent a lot of time, energy, and money on being sure that they would have a supply of water to hold them for a long siege.
他们花费了大量的时间,精力,和金钱来确保,在长期的围城中他们可以获得足够的水源
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