swollen money policy
简明释义
膨胀性的货币政策
英英释义
A monetary policy characterized by an increase in the money supply, often leading to inflation or a devaluation of currency. | 一种货币政策,其特点是货币供应量增加,通常导致通货膨胀或货币贬值。 |
例句
1.Investors are worried that the swollen money policy will erode their purchasing power.
投资者担心膨胀性货币政策会侵蚀他们的购买力。
2.Many economists argue that a swollen money policy can stimulate economic growth in the short term.
许多经济学家认为膨胀性货币政策可以在短期内刺激经济增长。
3.The central bank's decision to adopt a swollen money policy has led to increased inflation rates.
中央银行决定采取膨胀性货币政策导致了通货膨胀率上升。
4.The government implemented a swollen money policy to combat the recession.
政府实施了膨胀性货币政策来应对经济衰退。
5.Critics of the swollen money policy claim it could lead to asset bubbles.
批评膨胀性货币政策的人声称它可能导致资产泡沫。
作文
The term swollen money policy refers to a monetary strategy that involves excessive expansion of the money supply in an economy. This approach is often adopted by central banks during times of economic downturn or recession, with the aim of stimulating growth and increasing liquidity. However, while such policies can provide short-term relief, they also carry significant risks that can lead to long-term economic instability. One of the primary reasons for implementing a swollen money policy is to combat deflationary pressures. When consumer demand decreases, businesses may struggle to maintain sales, leading to layoffs and further reductions in spending. In response, central banks may increase the money supply, making loans cheaper and encouraging both consumer and business spending. This influx of cash can help revive economic activity and restore confidence among investors and consumers alike.However, the consequences of a swollen money policy are not always positive. One major risk is inflation, which occurs when there is too much money chasing too few goods. If the money supply grows significantly without a corresponding increase in economic output, prices can rise rapidly, eroding purchasing power and creating uncertainty in the market. In extreme cases, this can lead to hyperinflation, where prices skyrocket uncontrollably, rendering the currency virtually worthless.Another potential consequence of a swollen money policy is asset bubbles. As interest rates are kept low and money becomes readily available, investors may pour funds into stocks, real estate, or other assets, driving up prices beyond their intrinsic value. When these bubbles eventually burst, it can lead to significant financial losses and economic downturns. The 2008 financial crisis is a prime example of how excessive monetary expansion can lead to disastrous outcomes.Furthermore, a swollen money policy can create dependency on low-interest rates, making it challenging for central banks to normalize monetary policy in the future. Once the economy shows signs of recovery, raising interest rates can be a difficult task, as it may stifle growth and lead to a recession. Central banks must carefully balance the need for stimulus with the risks of long-term economic distortions.In conclusion, while a swollen money policy can provide necessary support during economic crises, it is essential to be aware of its potential pitfalls. Policymakers must tread carefully, ensuring that any increase in the money supply is accompanied by measures to promote sustainable economic growth. By understanding the implications of such policies, we can better navigate the complexities of modern economies and work towards a more stable financial future.
“膨胀货币政策”是指一种货币策略,涉及在经济中过度扩张货币供应。这种方法通常在经济衰退或萧条时期由中央银行采取,目的是刺激增长和增加流动性。然而,虽然这样的政策可以提供短期救助,但它们也带来了重大风险,可能导致长期经济不稳定。实施膨胀货币政策的主要原因之一是对抗通货紧缩压力。当消费者需求减少时,企业可能会难以维持销售,导致裁员和进一步减少支出。作为回应,中央银行可能会增加货币供应,使贷款变得更便宜,从而鼓励消费者和企业支出。这一现金流入可以帮助复兴经济活动,并恢复投资者和消费者的信心。然而,膨胀货币政策的后果并不总是积极的。一个主要风险是通货膨胀,当有太多货币追逐太少商品时就会发生。如果货币供应显著增长而经济产出没有相应增加,价格可能会迅速上涨,侵蚀购买力,并在市场中造成不确定性。在极端情况下,这可能导致恶性通货膨胀,价格失控飙升,使货币几乎毫无价值。膨胀货币政策的另一个潜在后果是资产泡沫。当利率保持低位,资金变得容易获得时,投资者可能会将资金投入股票、房地产或其他资产,推动价格超出其内在价值。当这些泡沫最终破裂时,可能导致重大财务损失和经济衰退。2008年金融危机就是过度货币扩张导致灾难性结果的一个典型例子。此外,膨胀货币政策可能会使经济依赖于低利率,使中央银行在未来正常化货币政策变得具有挑战性。一旦经济显示出复苏迹象,提高利率可能是一项艰巨的任务,因为这可能会抑制增长并导致衰退。中央银行必须谨慎平衡刺激需求与长期经济扭曲的风险。总之,尽管膨胀货币政策可以在经济危机期间提供必要的支持,但认识到其潜在陷阱至关重要。政策制定者必须小心行事,确保任何货币供应的增加都伴随着促进可持续经济增长的措施。通过理解这些政策的影响,我们可以更好地驾驭现代经济的复杂性,并努力实现更稳定的金融未来。
相关单词