credit creation

简明释义

信用产生,信用创造

英英释义

例句

1.The process of credit creation (信贷创造) starts when banks accept deposits.

当银行接受存款时，credit creation (信贷创造)的过程就开始了。

2.Understanding credit creation (信贷创造) is essential for anyone studying economics.

理解credit creation (信贷创造)对于任何学习经济学的人来说都是必不可少的。

3.Banks engage in credit creation (信贷创造) by issuing loans to businesses and consumers.

银行通过向企业和消费者发放贷款来进行credit creation (信贷创造)。

4.The central bank plays a crucial role in facilitating credit creation (信贷创造) through its monetary policy.

中央银行通过其货币政策在促进credit creation (信贷创造)方面发挥着至关重要的作用。

5.Excessive credit creation (信贷创造) can lead to inflation and economic instability.

过度的credit creation (信贷创造)可能导致通货膨胀和经济不稳定。

作文

In today's modern economy, the concept of credit creation is fundamental to understanding how financial systems operate. Credit creation refers to the process by which banks and financial institutions generate new money through lending activities. When a bank provides a loan to an individual or a business, it does not simply hand out existing deposits; instead, it creates new deposits in the borrower's account, effectively increasing the total money supply in the economy. This mechanism plays a crucial role in facilitating economic growth and development.The process begins when a borrower approaches a bank for a loan. After assessing the creditworthiness of the borrower, the bank approves the loan. Upon approval, the bank credits the borrower's account with the loan amount. This action does not deplete the bank's reserves; instead, it creates new money, as the bank is allowed to lend more than it currently holds in deposits due to fractional reserve banking.This system of credit creation is vital for stimulating economic activity. It allows individuals to purchase homes, cars, and other goods that they may not be able to afford upfront. For businesses, credit creation enables investment in expansion, technology, and hiring, which can lead to increased productivity and job creation. The ripple effects of these loans can be seen throughout the economy, as increased spending leads to higher demand for goods and services, ultimately contributing to economic growth.However, while credit creation can drive economic growth, it also comes with risks. If banks create too much credit, it can lead to inflation, where the prices of goods and services rise due to an excess of money chasing too few goods. Additionally, if borrowers are unable to repay their loans, it can result in defaults, which can threaten the stability of the banking system. Therefore, regulatory measures are necessary to ensure that credit creation occurs in a controlled and sustainable manner.Central banks play a crucial role in overseeing the credit creation process. They set interest rates and reserve requirements, influencing how much banks can lend. By adjusting these parameters, central banks can either encourage or restrict credit creation, depending on the economic conditions. For instance, during a recession, central banks may lower interest rates to encourage borrowing and stimulate economic activity. Conversely, during times of economic overheating, they may raise rates to cool down credit creation and prevent inflation.In conclusion, credit creation is a powerful tool that underpins the functioning of modern economies. It facilitates personal and business investments, driving economic growth and development. However, it must be managed carefully to avoid potential pitfalls such as inflation and financial instability. Understanding the dynamics of credit creation is essential for policymakers, financial institutions, and individuals alike, as it shapes the economic landscape we navigate every day.

在当今现代经济中，信用创造的概念对于理解金融系统的运作至关重要。信用创造是指银行和金融机构通过贷款活动生成新货币的过程。当一家银行向个人或企业提供贷款时，它并不是简单地发放现有的存款；相反，它在借款人的账户中创建新的存款，从而有效地增加了经济中的货币总供应量。这一机制在促进经济增长和发展方面发挥着关键作用。这个过程始于借款人向银行申请贷款。在评估借款人的信用worthiness后，银行批准了贷款。一旦批准，银行就会将贷款金额记入借款人的账户。这一行为并不会耗尽银行的储备；相反，由于分数准备金银行制度，银行被允许贷出超过其当前存款的金额。这种信用创造的系统对于刺激经济活动至关重要。它使个人能够购买住房、汽车和其他他们可能无法立即负担得起的商品。对于企业来说，信用创造使得投资扩张、技术和招聘成为可能，这可以导致生产力和就业的增加。这些贷款的涟漪效应可以在整个经济中看到，因为支出的增加导致对商品和服务的需求上升，最终促进经济增长。然而，尽管信用创造可以推动经济增长，但它也伴随着风险。如果银行创造过多的信用，可能会导致通货膨胀，即由于过多的货币追逐过少的商品而导致商品和服务价格上涨。此外，如果借款人无法偿还贷款，可能会导致违约，这可能威胁到银行系统的稳定。因此，监管措施是必要的，以确保信用创造在可控和可持续的方式下进行。中央银行在监督信用创造过程中发挥着至关重要的作用。它们设定利率和准备金要求，影响银行能够贷款的金额。通过调整这些参数，中央银行可以根据经济条件鼓励或限制信用创造。例如，在经济衰退期间，中央银行可能会降低利率以鼓励借贷和刺激经济活动。相反，在经济过热时期，它们可能会提高利率，以冷却信用创造，防止通货膨胀。总之，信用创造是支撑现代经济运作的强大工具。它促进个人和企业投资，推动经济增长和发展。然而，必须谨慎管理，以避免潜在的陷阱，例如通货膨胀和金融不稳定。理解信用创造的动态对于政策制定者、金融机构和个人来说都是至关重要的，因为它塑造了我们每天所面对的经济环境。