Monetarists insist that economies experience inflation when money-supply growth persistently exceeds output growth. That has not happened yet, so inflation has been postponed.
但这并没有发生。
This has not happened.
但这并没有发生。
It hasn't quite happened.
但这并没有发生在亚洲。
That has not happened in Asia.
但这并没有发生在亚洲。
This has not happened in South Asia.
尽管这通常会让公司处于有利地位,以更好的利率获得更多的资金,但这并没有发生。
While this typically puts companies in a good position to borrow more money at better rates, this is not happening.
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