In the last quarter of the twentieth century, many central banks used intermediate targets, including monetary aggregates. Such targets could potentially be applied to credit, interest rates, exchange rates, asset and commodity prices, risk premiums, and/or intermediate-goods prices.
历史表明了稳定导向的框架应该是什么样子。在二十世纪的最后二十五年，许多央行采用了包括货币总量在内的中间目标。这些目标可以用于信用、利率、汇率、资产和大宗商品价格、风险溢价，以及/或者中间商品物价。