Money-supply effect

Higher money supply growth would have the same effect as always.

更高的货币供给增长总是带来同样的后果。

In effect, Bitcoin has created its own private gold standard world, in which the money supply is fixed rather than subject to increase via the printing press.

实际上，比特币已经创立了自己的私人金本位世界，其中货币供应是固定的，不受货币印刷量增加的影响。

In the modern world, we often take a shortcut and just assume that the central bank adjusts the money supply so as to achieve a target interest rate, in effect choosing a point on the IS curve.

在现代社会，我们通常为了简便而假设，央行为了达到一个目标利率而调整货币供给，实际上就是在IS曲线上选择一个点。