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，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.
因為日本銀行三月放棄“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)，但不一定會增加廣泛貨幣供應(yīng)量(現(xiàn)金和存款)。

monetary base翻譯