To maintain the fixed exchange rate the Chinese central bank would need to offset this by increasing the money supply the opposite of what it set out to do in the first place. Similarly, any attempt to increase the money supply by lowering interest rates would fail as long as the exchange rate between the renminbi and dollar remains fixed.

Similarly, any attempt to increase the money supply by lowering interest rates would fail as long as the exchange rate between the renminbi and dollar remains fixed.

The dollar was then officially a reserve currency, and the economically dominant US could determine its money supply independently of its external balance of payments.

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My vocabulary is limited.

Vocabulary is the basis of language.

To maintain the fixed exchange rate the Chinese central bank would need to offset this by increasing the money supply the opposite of what it set out to do in the first place.

He deposited the prize money in the bank.

We have a very limited stock.

My vocabulary is limited.

Tom has a tremendous vocabulary.

Tom's friends called him Mr Money Bags.

I want to build up my vocabulary.

I want to build up my vocabulary.

Our stock of oil is running out.

Reading helps you build up your vocabulary.

She has a rich vocabulary of English words.

I want to increase my vocabulary.

They sold out their whole stock of bicycles.

Gradually and persistently, the fundamentalism of money must be eliminated.

The international sports movement has exploited the monetary dimension of sports.

And we said, Okay, here is some seed fund.

If China attempts to lower its money supply by raising interest rates, it will trigger a corresponding increase in demand for renminbi, as foreign capital seeks to take advantage of higher interest rates on Chinese assets.

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Adding 400 billion would increase the pool substantially.

First you have to build up your vocabulary.

We only have two days of water reserve.

You need a large vocabulary to read that book.

That water tower holds a three day supply.

It is located in the center of the oblast.

Postwar Devyataev was discharged from the army in November 1945.

We felt, one of the things that these girls had is immense amount of courage.

The store has enough shoes on hand to supply any normal demand.

Monetary sovereignty nowadays means only the right to bad money.

So he comes over to this country, and he says, We need a big fiscal stimulus.

Netizens discussed the monetary phenomenon on popular Chinese microblogging site Sina Weibo.

In a bold stroke, it could devalue the currency and then join a monetary union with Brazil.

And it is the real interest rate not the money rate that counts for economic growth.

Under the gold standard, discipline was automatic. With floating exchange rates, it is not.

The SDP sees a reserve of money in Cyprus which is noted to be of Russian origin, and suspected to belong to the mafia .

The well of money may be running dry, and so, too, may be America s legendary optimism and hope.

The Maastricht Treaty established a monetary union without a political union a central bank, but no central treasury.

Chinese leaders clearly realize that their hoard of T Bills is a problem.

Given China s massive stock of surplus labor, this trend will not reverse itself soon.

Finally, policymakers are running out of tools.