I'll review again these different notions of money supply.

先来再次回顾一下币供给不同概念。

And let's say that this is the money supply.

我们把这个叫做币供给。

" Will increase in the money supply boost output or just increase inflation" ?

" 币供应会产出还是仅仅通膨胀" ？

The agency oversees all U.S. banks, ensuring the money supply is stable.

该机构负责监督所有美银行, 确保币供应稳定。

Oversees one of the world's biggest money supplies, but lacks political independence.

管理着世界上最大币供给之一，但缺乏政治独立精神。

And this is what people say when they talk about the money supply.

这是人们说到币供应时会认为自己所拥有。

So it increases the money supply.

从而导致币供给。

When The Fed boosted the money supply again, that raised inflation expectations even more.

当美联储再次提振币供应时，进一步提高了通胀预期。

So in this case, we're not fixing the money supply.

这样话 我们并不是在固定币供给。

An increase in the money supply can have two effects.

币供应量会产生两个影响。

It would also harm other central banks' ability to control their money supplies.

也会损害其他中央银行控制其币供给能力。

It's responsible for implementing monetary policies, basically the Fed controls the country's money supply.

负责实施币政策美联储基本上控制内币供给。

I would like to expand the money supply.

它说 我要币供应量。

And as we'll see soon, that actually increases the money supply when you do that.

我们很快会看到 实际上这样做会币供给。

Now, a slightly broader definition of the money supply.

现在 再扩展到更广义币供给。

And the government did little to control the national money supply, even when the economy faced disaster.

即使在经面临灾难时候，政府也很少控制家币供应。

His name was Paul Volcker. He actually cut the money supply and raised interest rates dramatically.

他名字叫保罗·沃尔克。实际上，他削减了币供给，并大幅提高了利率。

So in this example right now, our base money supply is 200-- let's call it dollars now.

在刚才例子中 基础币供给为200我们现在把单位设为美元。

As a result, international banking and finance organizations suspended international financing services and cut off money supplies.

结果，际银行和金融组织暂停了际金融服务，并切断了资金供应。

So that's the base money supply.

这就是基础币供给。