creation of money

简明释义

创造货币

英英释义

例句

1.The creation of money through loans can stimulate business investments.

通过贷款的货币创造可以刺激商业投资。

2.The process of creation of money is closely monitored by financial regulators.

货币创造的过程受到金融监管机构的密切监控。

3.Inflation can occur if there is excessive creation of money without corresponding economic growth.

如果没有相应的经济增长，过度的货币创造可能会导致通货膨胀。

4.The central bank is responsible for the creation of money in the economy.

中央银行负责经济中货币的创造。

5.Governments often resort to the creation of money to finance public projects.

政府常常依靠货币创造来资助公共项目。

作文

The concept of creation of money refers to the process through which new money is introduced into an economy. This process can occur in various ways, primarily through central banks and commercial banks. Understanding the creation of money is essential for grasping how modern economies function and how monetary policy is implemented.Central banks, such as the Federal Reserve in the United States, play a crucial role in the creation of money. They control the money supply and have the authority to issue currency. When a central bank decides to increase the money supply, it can do so by purchasing government securities or other financial assets. This action injects liquidity into the banking system, enabling banks to lend more to businesses and consumers. The additional lending increases the overall money supply in the economy, leading to greater spending and investment.On the other hand, commercial banks also contribute to the creation of money through a process known as fractional reserve banking. When a bank receives deposits, it is required to keep only a fraction of those deposits as reserves. The remaining amount can be lent out to borrowers. For example, if a bank has $1,000 in deposits and the reserve requirement is 10%, it must hold $100 in reserves but can lend out $900. This lending process effectively creates new money because the borrower now has access to $900, which they can spend, while the original depositor still has their $1,000 in the bank. This cycle continues as the borrowed money is deposited into another bank, allowing further lending and, consequently, more creation of money.The implications of the creation of money are significant. An increase in the money supply can stimulate economic growth by making credit more accessible. However, if too much money is created too quickly, it can lead to inflation, where the value of money decreases, and prices rise. Central banks must carefully monitor the money supply and adjust their policies accordingly to maintain economic stability.In conclusion, the creation of money is a fundamental aspect of modern economies. It involves both central banks and commercial banks working together to manage the money supply. While it can promote economic growth, it also requires careful regulation to prevent inflation. Understanding this process is vital for anyone interested in economics, finance, or public policy, as it directly impacts the financial well-being of individuals and the overall health of the economy.

‘货币的创造’这一概念是指新货币被引入经济体的过程。这个过程可以通过多种方式发生，主要是通过中央银行和商业银行。理解‘货币的创造’对于掌握现代经济的运作及货币政策的实施至关重要。中央银行，例如美国的联邦储备系统，在‘货币的创造’中扮演着关键角色。它们控制货币供应，并有权发行货币。当中央银行决定增加货币供应时，它可以通过购买政府证券或其他金融资产来实现。这一举动向银行体系注入流动性，使得银行能够向企业和消费者提供更多贷款。额外的贷款增加了经济中的整体货币供应，从而导致更大的消费和投资。另一方面，商业银行也通过一种称为部分准备金银行的过程促进‘货币的创造’。当银行收到存款时，它只需将这些存款的一部分作为准备金保留。其余的金额可以贷给借款人。例如，如果一家银行有1000美元的存款，而准备金要求为10%，它必须保留100美元作为准备金，但可以贷出900美元。这一贷款过程有效地创造了新货币，因为借款人现在可以获得900美元，这笔钱可以用于消费，而原存款人仍在银行里拥有1000美元。这一循环继续进行，因为借出的资金又被存入另一家银行，允许进一步的贷款，从而进一步‘创造货币’。‘货币的创造’的影响是显著的。货币供应的增加可以通过使信贷更易获得来刺激经济增长。然而，如果过快地创造出过多的货币，就可能导致通货膨胀，即货币的价值下降，价格上涨。中央银行必须仔细监控货币供应，并相应调整其政策，以维持经济稳定。总之，‘货币的创造’是现代经济的一个基本方面。它涉及中央银行和商业银行共同努力管理货币供应。虽然它可以促进经济增长，但也需要谨慎监管以防止通货膨胀。理解这一过程对于任何对经济、金融或公共政策感兴趣的人来说都是至关重要的，因为它直接影响到个人的财务状况和整个经济的健康。