high powered money

简明释义

强力货币

英英释义

例句

1.The relationship between high powered money 高能货币 and the money supply is crucial for economic analysis.

在经济分析中，高能货币 高能货币与货币供应之间的关系至关重要。

2.Banks are required to hold a certain percentage of high powered money 高能货币 as reserves.

银行需要将一定比例的高能货币 高能货币作为准备金。

3.An increase in high powered money 高能货币 can lead to lower interest rates.

增加高能货币 高能货币可能会导致利率下降。

4.The central bank controls the supply of high powered money 高能货币 to influence inflation rates.

中央银行控制高能货币 高能货币的供应以影响通货膨胀率。

5.During a financial crisis, the government may inject more high powered money 高能货币 into the economy to stimulate growth.

在金融危机期间，政府可能会向经济注入更多的高能货币 高能货币以刺激增长。

作文

High powered money, also known as base money or reserve money, is a crucial concept in the field of economics and finance. It refers to the total amount of a country's currency that is created by the central bank and is available for circulation in the economy. This form of money is considered 'high powered' because it serves as the foundation upon which the entire banking system operates. The central bank controls the supply of high powered money (高能货币) through various monetary policy tools, including open market operations, reserve requirements, and discount rates.To understand the significance of high powered money (高能货币), it is essential to explore its role in the money supply process. When the central bank injects high powered money (高能货币) into the financial system, it enables commercial banks to lend more money to businesses and consumers. This lending creates a multiplier effect, where the initial amount of high powered money (高能货币) can lead to a much larger increase in the overall money supply. For instance, if a central bank injects $1 million of high powered money (高能货币) into the economy, the banking sector can potentially create several million dollars in additional credit through the process of fractional reserve banking.The relationship between high powered money (高能货币) and inflation is another important aspect to consider. When the central bank increases the supply of high powered money (高能货币) significantly without a corresponding increase in the production of goods and services, it can lead to inflation. This is because more money chases the same amount of goods, driving prices up. Therefore, central banks must carefully monitor the levels of high powered money (高能货币) in circulation to maintain price stability and promote economic growth.Moreover, high powered money (高能货币) plays a vital role during economic crises. In times of financial instability, central banks may resort to unconventional monetary policies, such as quantitative easing, to increase the supply of high powered money (高能货币). By purchasing government bonds and other securities, central banks can inject liquidity into the economy, encouraging lending and investment. This can help stabilize financial markets and support economic recovery.In conclusion, high powered money (高能货币) is a fundamental component of any economy, influencing everything from inflation rates to the availability of credit. Understanding its mechanics and implications is essential for policymakers, economists, and anyone interested in the functioning of financial systems. As economies continue to evolve and face new challenges, the role of high powered money (高能货币) will remain a critical area of focus for maintaining economic stability and fostering growth.