limit on bank-note issue
简明释义
限制钞票发行额
英英释义
例句
1.The limit on bank-note issue was lifted temporarily to address the cash flow crisis during the pandemic.
在疫情期间,为了解决现金流危机,银行券发行限制被暂时解除。
2.The government announced a new policy that includes a limit on bank-note issue to prevent excessive money supply.
政府宣布了一项新政策,其中包括对银行券发行的限制以防止过量货币供应。
3.Due to economic instability, there is a limit on bank-note issue that must be adhered to by all financial institutions.
由于经济不稳定,所有金融机构必须遵守对银行券发行的限制。
4.The central bank has imposed a strict limit on bank-note issue to control inflation.
中央银行对银行券发行施加了严格的限制以控制通货膨胀。
5.In an effort to stabilize the currency, the authorities set a limit on bank-note issue for the next fiscal year.
为了稳定货币,当局为下一个财政年度设定了对银行券发行的限制。
作文
The concept of a limit on bank-note issue plays a crucial role in the stability and integrity of a country's economy. This limit refers to the maximum amount of currency notes that a central bank is allowed to issue. By imposing such limits, governments aim to control inflation and maintain the value of their currency. In this essay, I will explore the significance of these limits, how they are enforced, and their impact on both the economy and the everyday lives of citizens.First and foremost, a limit on bank-note issue is essential for preventing hyperinflation, which can occur when too much money is printed without corresponding economic growth. When a government issues excessive amounts of currency, it can lead to a decrease in the currency's value, making everyday goods and services more expensive. For example, in countries like Zimbabwe during the late 2000s, the lack of control over bank-note issuance led to astronomical inflation rates, rendering the currency virtually worthless. By establishing a limit, central banks can create a more stable financial environment that fosters trust among consumers and investors.Moreover, these limits help to ensure that a country’s monetary policy remains effective. Central banks use various tools to manage the economy, including interest rates and reserve requirements. However, if there are no restrictions on bank-note issuance, these tools may become ineffective. A limit on bank-note issue allows central banks to regulate the money supply, ensuring that it aligns with the overall economic objectives. For instance, during times of economic downturn, central banks might temporarily increase the money supply to stimulate growth, but they would do so within the confines of established limits to avoid long-term inflationary pressures.Enforcement of these limits is typically carried out through legislation and regulatory frameworks. Most central banks operate under strict guidelines that dictate how much currency can be printed and under what circumstances. These regulations are often designed to be transparent and accountable, providing a clear framework for the issuance of new banknotes. Additionally, regular audits and reports help to maintain oversight and ensure compliance with the limit on bank-note issue. This accountability is vital for maintaining public confidence in the currency and the financial system as a whole.The impact of a limit on bank-note issue extends beyond the macroeconomic level; it also affects individuals and businesses. For consumers, a stable currency means predictable prices and the ability to plan for the future. On the other hand, businesses benefit from a stable economic environment that encourages investment and growth. When consumers feel confident in the purchasing power of their money, they are more likely to spend, which in turn drives economic activity.In conclusion, the limit on bank-note issue is a fundamental aspect of a well-functioning economy. It helps to prevent inflation, ensures effective monetary policy, and maintains public trust in the financial system. As economies continue to evolve, the importance of these limits will remain paramount in safeguarding the value of currency and promoting sustainable economic growth. Understanding this concept is essential for anyone interested in economics, finance, or public policy, as it highlights the delicate balance that must be maintained to ensure economic stability and prosperity for all citizens.
银行纸币发行的限制是一个国家经济稳定和完整性的重要组成部分。这个限制是指中央银行被允许发行的货币纸币的最大金额。通过施加这样的限制,政府旨在控制通货膨胀并维持货币的价值。在这篇文章中,我将探讨这些限制的重要性、如何执行这些限制以及它们对经济和公民日常生活的影响。首先,银行纸币发行的限制对于防止恶性通货膨胀至关重要,这种情况发生在没有相应经济增长的情况下过多印刷货币。当政府发行过量的货币时,会导致货币价值下降,使日常商品和服务变得更加昂贵。例如,在2000年代末的津巴布韦,由于缺乏对纸币发行的控制,导致了天文数字的通货膨胀率,使货币几乎毫无价值。通过建立限制,中央银行可以创造一个更稳定的金融环境,从而增强消费者和投资者之间的信任。此外,这些限制有助于确保一个国家的货币政策保持有效。中央银行使用各种工具来管理经济,包括利率和准备金要求。然而,如果没有对纸币发行的限制,这些工具可能会变得无效。银行纸币发行的限制使中央银行能够调节货币供应,确保其与整体经济目标保持一致。例如,在经济衰退时期,中央银行可能会临时增加货币供应以刺激增长,但他们会在既定限制的范围内这样做,以避免长期的通货膨胀压力。这些限制的执行通常通过立法和监管框架进行。大多数中央银行在严格的指导方针下运作,这些指导方针规定了可以印刷多少货币以及在什么情况下印刷。这些法规通常旨在保持透明度和问责制,为新纸币的发行提供明确的框架。此外,定期审计和报告有助于维护监督并确保遵守银行纸币发行的限制。这种问责制对于维护公众对货币和整个金融系统的信心至关重要。银行纸币发行的限制的影响不仅限于宏观经济层面;它还影响个人和企业。对于消费者来说,稳定的货币意味着可预测的价格和未来规划的能力。另一方面,企业从稳定的经济环境中受益,这鼓励投资和增长。当消费者对自己货币的购买力充满信心时,他们更有可能消费,从而推动经济活动。总之,银行纸币发行的限制是一个良好运作经济的基本方面。它有助于防止通货膨胀,确保有效的货币政策,并维护公众对金融系统的信任。随着经济的不断发展,这些限制的重要性将继续在保障货币价值和促进可持续经济增长方面发挥重要作用。理解这个概念对于任何对经济、金融或公共政策感兴趣的人来说都是必不可少的,因为它突显了必须保持的微妙平衡,以确保所有公民的经济稳定和繁荣。