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1·Monetarism failed the operational test in the early 1980s.

货币主义在二十世纪八十年代早期的试运行中失败了。

2·Friedman's counterattack against Keynes began with the doctrine known as monetarism.

弗里德曼对凯恩斯反击以货币主义论开始。

3·Whereas monetarism buckled as a policy, inflation targeting has proved far more effective.

反之当货币主义不再作为政策而存在时，通货膨胀目标被证明是比其更加有效的。

4·But the role of the money supply in creating inflation is less obvious than monetarism suggests.

但是货币供给对通胀的影响并不像货币主义者认为的那样。

5·Money, if not monetarism, is making a comeback in the way central bankers think about and carry out policy.

货币，而不是货币主义，在中央银行家们思考和实行政策时又重新成为重要因素。

6·In the 1950s, Friedman was much better known for his advocacy of floating exchange rates than for monetarism.

在上世纪50年代，弗里德曼更知名的是对浮动汇率的提倡，而不是货币主义。

7·The backlash was rooted in the disappointments monetarism caused when it was put into effect almost three decades ago.

货币主义在大约三十年前开始付诸实施，人们对于他的强烈反对来源于他所引起的失望表现。

8·INFLATION is always and everywhere a monetary phenomenon, said Milton Friedman, the economist who revived monetarism in the 1960s and 1970s.

在二十世纪六十年代和七十年代曾使货币主义复兴一时的经济学家米尔顿·弗里德曼说过，通货膨胀在任何时间任何地点都是一种货币现象。

9·The contrast of this theory with Keynesianism, monetarism, and early neoclassical macroeconomics shows that real business cycle can apply to China in some respect.

对比分析其与凯恩斯主义、货币主义和早期新古典宏观经济学的经济周期理论的异同表明，真实经济周期理论在中国具有一定的适用性。

10·Exchange rate is one of hinges in financial internationalization, and purchasing power parity (PPP) theory is the basis of exchange rate determination model in monetarism.

汇率问题是我国金融国际化的枢纽之一，而购买力平价理论构成了货币主义汇率决定模型的基础。

货币主义

1·Money, if not monetarism, is making a comeback in the way central bankers think about and carry out policy.

货币，而不是货币主义，在中央银行家们思考和实行政策时又重新成为重要因素。