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auch das starke geldmengenwachstum dürfte die preisstabilität zunächst nicht negativ beeinflussen.
the strong monetary growth also should not, for the time being, adversely affect the outlook for price stability.
bei einer bereits reichlichen liquiditätsausstattung bleibt das geldmengenwachstum in seiner grundausrichtung dynamisch.
the underlying rate of monetary expansion remains strong, in a context of already ample liquidity.
tatsächlich gehen länger anhaltende phasen hoher inflation gemeinhin mit einem starken geldmengenwachstum einher . sonstige faktoren ( z. b. ver -
while other factors ( such as variations in aggregate demand , technological changes or commodity price shocks ) can influence price developments over shorter horizons , over time their effects can be offset by some degree of adjustment of the money stock . in this sense , the longer-term trends of prices or inflation can be controlled by central banks .