credit creation

简明释义

信用创造

英英释义

例句

1.Excessive credit creation (信贷创造) can lead to inflation and financial instability.

过度的credit creation (信贷创造)可能导致通货膨胀和金融不稳定。

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

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

3.During economic growth, credit creation (信贷创造) tends to increase significantly.

在经济增长期间，credit creation (信贷创造)往往会显著增加。

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

中央银行通过货币政策在促进credit creation (信贷创造)方面发挥着关键作用。

5.Banks engage in credit creation (信贷创造) by lending more than the amount of actual deposits they hold.

银行通过借出超过其实际存款金额来进行credit creation (信贷创造)。

作文

In the modern economy, the concept of credit creation plays a crucial role in facilitating growth and development. Credit creation refers to the process by which banks and financial institutions generate new credit or money in the economy by lending to individuals and businesses. This process is essential for fostering economic activity, as it allows consumers to purchase goods and services and enables businesses to invest in expansion and innovation.When a bank grants a loan, it does not simply hand over existing funds; instead, it creates new money in the form of a deposit in the borrower's account. This is possible due to the fractional reserve banking system, where banks are required to keep only a fraction of their deposits in reserve while they can lend out the rest. For example, if a bank has a reserve requirement of 10%, it can lend out $90 for every $100 deposited, effectively creating $90 in new credit.The implications of credit creation are profound. On one hand, it stimulates economic growth by increasing the money supply and encouraging spending. When consumers have access to credit, they are more likely to make significant purchases, such as homes and cars, which in turn drives demand for goods and services. Similarly, businesses that can secure loans are better positioned to invest in new projects, hire employees, and increase production.However, credit creation also poses risks. If banks create too much credit too quickly, it can lead to inflation, where the prices of goods and services rise due to an excess of money chasing too few goods. Moreover, excessive borrowing can result in unsustainable levels of debt for both individuals and businesses, potentially leading to defaults and financial crises.To mitigate these risks, central banks play a vital role in regulating credit creation. They monitor the economy and adjust interest rates and reserve requirements to ensure that credit growth remains sustainable. For instance, during periods of economic downturn, central banks may lower interest rates to encourage borrowing and stimulate growth. Conversely, during times of economic expansion, they may raise rates to prevent overheating.In conclusion, credit creation is a fundamental aspect of modern economic systems. It provides the necessary liquidity for consumers and businesses to thrive, but it must be managed carefully to avoid the pitfalls of inflation and excessive debt. Understanding the dynamics of credit creation is essential for anyone looking to comprehend how economies function and grow over time.

在现代经济中，信用创造的概念在促进增长和发展方面发挥着至关重要的作用。信用创造是指银行和金融机构通过向个人和企业放贷来生成新信用或货币的过程。这个过程对于促进经济活动至关重要，因为它允许消费者购买商品和服务，并使企业能够投资于扩张和创新。当银行发放贷款时，它并不是简单地交出现有资金；相反，它以借款人账户中的存款形式创造了新的货币。这是由于部分准备金银行制度的存在，在这一制度下，银行只需将其存款的一部分保留为准备金，而可以将其余部分贷出。例如，如果一家银行的准备金要求为10%，那么它可以贷出每100美元存款中的90美元，从而有效地创造出90美元的新信用。信用创造的影响深远。一方面，它通过增加货币供应量和鼓励消费来刺激经济增长。当消费者能够获得信用时，他们更可能进行重大购买，例如房屋和汽车，这反过来又推动了对商品和服务的需求。同样，能够获得贷款的企业更有可能投资于新项目、雇佣员工和增加生产。然而，信用创造也带来了风险。如果银行过快地创造过多的信用，可能会导致通货膨胀，即由于过多的货币追逐过少的商品，商品和服务的价格上涨。此外，过度借贷可能导致个人和企业的债务水平不可持续，可能导致违约和金融危机。为了减轻这些风险，中央银行在调节信用创造方面发挥着至关重要的作用。它们监测经济，并调整利率和准备金要求，以确保信贷增长保持可持续。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增长。相反，在经济扩张时期，它们可能会提高利率以防止过热。总之，信用创造是现代经济体系的基本方面。它为消费者和企业提供了必要的流动性，使其蓬勃发展，但必须谨慎管理，以避免通货膨胀和过度债务的陷阱。理解信用创造的动态对于任何希望理解经济如何运作和随时间增长的人来说都是至关重要的。