The onset of the Great Depression undercut much of the credibility of the quantity theory. 大萧条的出现大大削弱了货币数量论的信誉。
But its rate-setters are at odds about how to interpret the monetary figures and the ECB's general approach has been far from monetarist. 但在如何解释货币数量和央行政策越来越不像一个货币主义者所为这个问题上,央行的利率制定者们已经出现了争执。