low powered money

简明释义

弱力货币

英英释义

例句

1.During a financial crisis, people may prefer to hold low powered money 低能货币 instead of investing in riskier assets.

在金融危机期间，人们可能更愿意持有低能货币 low powered money，而不是投资于风险更高的资产。

2.The central bank's decision to increase reserves leads to a rise in low powered money 低能货币 in the banking system.

中央银行决定增加储备，导致银行系统中的低能货币 low powered money 上升。

3.Individuals often underestimate the impact of low powered money 低能货币 on their daily transactions.

个人往往低估了低能货币 low powered money 对日常交易的影响。

4.In an economy where the central bank is not actively engaging in monetary policy, the amount of low powered money 低能货币 can remain stagnant.

在一个中央银行不积极参与货币政策的经济中，低能货币 low powered money 的数量可能保持不变。

5.Banks utilize low powered money 低能货币 to meet reserve requirements and manage liquidity.

银行利用低能货币 low powered money 来满足准备金要求和管理流动性。

作文

In the world of economics, the term low powered money refers to a type of money that has limited influence on the overall money supply within an economy. This concept is crucial for understanding how monetary policy operates and the mechanisms through which central banks manage economic stability. To elaborate, low powered money can be thought of as the base money created by a central bank, which includes currency in circulation and reserves held by commercial banks. However, it does not encompass the broader categories of money that are influenced by the banking system's lending activities.The significance of low powered money lies in its role as the foundation of the monetary system. When a central bank issues currency or provides reserves to commercial banks, it creates low powered money. For instance, if the central bank decides to inject liquidity into the economy by purchasing government bonds, it increases the amount of low powered money available. However, what is essential to understand is that this initial increase does not directly translate to a proportional increase in the total money supply. Instead, the actual money supply is determined by how much banks choose to lend out, which is influenced by factors such as interest rates and reserve requirements.One of the critical aspects of low powered money is its multiplier effect. Banks can use the deposits they receive to create loans, which in turn leads to further deposits and additional lending. This process is known as the money multiplier effect. While low powered money serves as the base, the total money supply can expand significantly beyond this initial amount due to the lending activities of banks. Thus, while low powered money may seem limited in scope, its impact can be profound when considering the entire banking system.Furthermore, the relationship between low powered money and inflation is another vital aspect to consider. If a central bank increases the supply of low powered money too aggressively, it can lead to higher inflation rates. This is because more money in circulation can decrease the value of each unit of currency, leading to higher prices for goods and services. Therefore, central banks must carefully manage the creation of low powered money to maintain economic stability and control inflation.In conclusion, low powered money is a fundamental concept in understanding monetary policy and the functioning of financial systems. It represents the base level of money that exists in an economy, influencing how banks operate and how much money is available for lending. While it may seem like a small part of the larger economic picture, its effects on inflation, economic growth, and financial stability are significant. By grasping the intricacies of low powered money, one can better appreciate the complexities of modern economies and the delicate balance that central banks must maintain to ensure economic health.

在经济学的世界中，术语低功率货币指的是一种对经济整体货币供应量影响有限的货币类型。这个概念对于理解货币政策的运作以及中央银行如何管理经济稳定至关重要。进一步阐述，低功率货币可以被视为中央银行创造的基础货币，包括流通中的货币和商业银行持有的储备。然而，它并不包括受银行系统放贷活动影响的更广泛的货币类别。低功率货币的重要性在于它作为货币体系基础的角色。当中央银行通过购买政府债券向经济注入流动性时，它增加了可用的低功率货币的数量。然而，重要的是要理解，这一初始增加并不会直接转化为总货币供应量的成比例增加。相反，实际的货币供应量取决于银行选择贷款的数量，这受到利率和准备金要求等因素的影响。低功率货币的一个关键方面是其乘数效应。银行可以利用他们收到的存款来创造贷款，这又导致更多的存款和额外的贷款。这个过程被称为货币乘数效应。虽然低功率货币作为基础存在，但由于银行的放贷活动，整体货币供应量可能显著扩张。因此，尽管低功率货币看似范围有限，但当考虑整个银行系统时，其影响可能是深远的。此外，低功率货币与通货膨胀之间的关系也是另一个重要方面。如果中央银行过于激进地增加低功率货币的供应，可能会导致更高的通货膨胀率。这是因为流通中的货币增多可能会降低每单位货币的价值，从而导致商品和服务价格上涨。因此，中央银行必须谨慎管理低功率货币的创造，以维持经济稳定并控制通货膨胀。总之，低功率货币是理解货币政策和金融体系运作的基本概念。它代表了经济中存在的基础货币水平，影响着银行的运作以及可用于贷款的资金数量。尽管它看似现代经济大局中的小部分，但其对通货膨胀、经济增长和金融稳定的影响是显著的。通过掌握低功率货币的复杂性，人们可以更好地欣赏现代经济的复杂性以及中央银行必须保持经济健康所需的微妙平衡。