1、Japan's monetary base rose 85 percent between 1997 and 2003; deflation continued apace.
1997年至2003年，日本的基礎(chǔ)貨幣增長了85%，與此同時(shí)，通貨卻持續(xù)緊縮。

2、However, the monetary base is a part of the money supply.
然而，貨幣基礎(chǔ)僅是貨幣供應(yīng)的一部分。

3、Since the BoJ abandoned "quantitative easing" in March, Japan's monetary base has withered.
因?yàn)?/a>日本銀行三月放棄“定量放松”(quantitative easing)，日本的金融基礎(chǔ)已經(jīng)枯萎。

4、That increases the monetary base but not necessarily the broad-money supply.
這增加了貨幣基數(shù)[注3](現(xiàn)金和商業(yè)銀行準(zhǔn)備金)，但不一定會(huì)增加廣泛貨幣供應(yīng)量(現(xiàn)金和存款)。

monetary base翻譯