reckless issuing of banknotes

简明释义

赤字发行

英英释义

The act of producing and distributing banknotes in a careless or irresponsible manner, often leading to economic instability or inflation.

以不负责任或随意的方式生产和发行纸币的行为,通常会导致经济不稳定或通货膨胀。

例句

1.Citizens protested against the reckless issuing of banknotes that they believe devalues their savings.

市民抗议不计后果的纸币发行,他们认为这贬值了他们的储蓄。

2.The central bank's reckless issuing of banknotes has raised concerns among investors about the country's financial stability.

中央银行的不计后果的纸币发行引发了投资者对该国金融稳定性的担忧。

3.In times of crisis, some countries resort to reckless issuing of banknotes to cover their debts.

在危机时期,一些国家诉诸于不计后果的纸币发行来偿还债务。

4.The government's decision to engage in reckless issuing of banknotes has led to hyperinflation, making everyday goods unaffordable.

政府决定进行不计后果的纸币发行,导致了恶性通货膨胀,使日常商品变得无法承受。

5.Economists warn that the reckless issuing of banknotes could destabilize the economy for years to come.

经济学家警告说,不计后果的纸币发行可能会使经济在未来数年内不稳定。

作文

The global economy is a complex web of interactions, and one of the most critical aspects that can destabilize it is the reckless issuing of banknotes (不负责任地发行纸币). This phenomenon occurs when a government or central bank prints excessive amounts of money without sufficient backing or economic justification. The consequences of such actions can be dire, leading to inflation, devaluation of currency, and loss of public trust in financial institutions.Historically, we have seen examples of the reckless issuing of banknotes throughout various countries. For instance, during the Weimar Republic in Germany post-World War I, the government resorted to printing vast quantities of money to pay reparations. This led to hyperinflation, where prices soared, and the value of the German mark plummeted. Citizens needed wheelbarrows full of cash just to buy basic necessities. Such an extreme case illustrates how the reckless issuing of banknotes can lead to catastrophic economic consequences.In more recent times, countries like Zimbabwe have experienced similar fates due to the reckless issuing of banknotes. The government printed money in an attempt to address economic woes, which resulted in hyperinflation rates that reached astronomical levels. The Zimbabwean dollar became virtually worthless, and the economy collapsed, forcing the country to abandon its currency altogether. The reckless issuing of banknotes not only impacts the economy but also has social repercussions. When inflation rises uncontrollably, it disproportionately affects the lower and middle classes, who find their purchasing power eroded. Savings become meaningless as the cost of living skyrockets, leading to increased poverty and social unrest. In such scenarios, public confidence in the government and financial systems diminishes, creating a cycle of instability that can take years to resolve.To prevent the reckless issuing of banknotes, it is crucial for governments and central banks to maintain a responsible monetary policy. This includes ensuring that any increase in the money supply is backed by economic growth and productivity. Central banks must adopt measures that promote transparency and accountability in their operations. Additionally, fostering a stable economic environment through sound fiscal policies can help mitigate the risks associated with excessive money printing.In conclusion, the reckless issuing of banknotes poses a significant threat to economic stability and societal well-being. History has shown us the dangers of such practices, and it is imperative for policymakers to learn from these lessons. By adhering to responsible monetary practices, governments can protect their economies and ensure a stable future for their citizens. The importance of understanding and preventing the reckless issuing of banknotes cannot be overstated, as it is a key factor in maintaining both economic health and public trust.

全球经济是一个复杂的相互作用网络,而能够使其不稳定的一个关键方面就是不负责任地发行纸币reckless issuing of banknotes)。这种现象发生在政府或中央银行在没有足够支持或经济理由的情况下印刷过量货币时。这种行为的后果可能是严重的,导致通货膨胀、货币贬值以及公众对金融机构信任的丧失。历史上,我们见过许多国家出现不负责任地发行纸币的例子。例如,在第一次世界大战后德国的魏玛共和国,政府为了支付赔款而不得不大量印钞。这导致了恶性通货膨胀,物价飙升,德国马克的价值暴跌。市民需要用装满现金的手推车才能购买基本生活必需品。这一极端案例表明,不负责任地发行纸币可能导致灾难性的经济后果。在最近的时代,津巴布韦等国也因不负责任地发行纸币而经历了类似的命运。政府印制货币以试图解决经济问题,结果导致了天文数字的恶性通货膨胀率。津巴布韦元几乎变得毫无价值,经济崩溃,迫使该国彻底放弃其货币。不负责任地发行纸币不仅影响经济,还带来社会后果。当通货膨胀失控上升时,它会不成比例地影响低收入和中产阶级,他们发现自己的购买力被侵蚀。储蓄变得毫无意义,因为生活成本飞涨,导致贫困加剧和社会动荡。在这种情况下,公众对政府和金融系统的信心下降,形成了一种不稳定的循环,可能需要数年才能解决。为了防止不负责任地发行纸币,政府和中央银行必须保持负责任的货币政策。这包括确保任何货币供应的增加都得到经济增长和生产力的支持。中央银行必须采取促进透明度和问责制的措施。此外,通过健全的财政政策来营造稳定的经济环境,可以帮助减轻与过度印钞相关的风险。总之,不负责任地发行纸币对经济稳定和社会福祉构成了重大威胁。历史告诉我们这类做法的危险,决策者必须从这些教训中吸取经验。通过遵循负责任的货币实践,政府可以保护其经济,并确保公民的稳定未来。理解和防止不负责任地发行纸币的重要性不容小觑,因为这是维护经济健康和公众信任的关键因素。

相关单词

reckless

reckless详解:怎么读、什么意思、用法

issuing

issuing详解:怎么读、什么意思、用法

banknotes

banknotes详解:怎么读、什么意思、用法