1、Whereas monetarism buckled as a policy, inflation targeting has proved far more effective.
反之當(dāng)貨幣主義不再作為政策而存在時(shí)，通貨膨脹目標(biāo)被證明是比其更加有效的。

2、Monetarism failed the operational test in the early 1980s.
貨幣主義在二十世紀(jì)八十年代早期的試運(yùn)行中失敗了。

3、But the role of the money supply in creating inflation is less obvious than monetarism suggests.
但是貨幣供給對(duì)通脹的影響并不像貨幣主義者認(rèn)為的那樣。

monetarism翻譯