Suppose that people suddenly wanted to hold more moneybalances.
假设人们突然想持有更多的货币余额。
2
When inflation is anticipated, the amount of money in circulation increases; people hold smaller cash balances because inflation erodes the value of cash.
当通胀被合理预期,流通中的货币总量增加;由于通胀腐蚀了现金的价值,人们将更少的持有现金。
3
And I subscribed the evidence, and sealed it, and took witnesses, and weighed him the money in the balances.