The economic collapse, when inflows of capital halt, can be very painful - even more so if a fixed exchange rate (or currency union) demands a period of falling nominal wages and prices.

当资本流入停滞的时候，经济崩溃可能是非常痛苦的——如果固定汇率(或货币联盟)要求名义工资和价格在一定时期内下降，情况就更加糟糕。

youdao

So it would have gained $25 million in nominal value while the owners were putting up only $8 million in additional capital – over $3 of nominal value gained for each $1 invested.

所以喜诗获得了2500万美元的名义价值增加，而所有者仅仅投入了8百万美元的额外资本，这相当于每投入1美元获得超过3美元的名义价值。

youdao

But inflation subsided, and in 1997 the nominal capital gains exaction was cut from 28% to 20%, and cut again in 2003 to 15%.

FORBES: Magazine Article

Further, the depreciation of capital is more lucrative the higher the nominal rate.

FORBES: Connect

Not only does the sagging, unstable dollar create the nominal illusion of bank health, that the dollar remains historically weak means that limited capital necessary to fund company and job creation is still locked up in the houses on which dead-banks walking teeter.

FORBES: A Monetary Policy For the Tea Party Movement