multiple expansion of credit

简明释义

银行信用多倍扩张

英英释义

例句

1.The government’s intervention resulted in a multiple expansion of credit, encouraging businesses to invest.

政府的干预导致了信贷多重扩张，鼓励企业进行投资。

2.During the recession, the multiple expansion of credit was limited, causing a slowdown in recovery.

在经济衰退期间，信贷多重扩张受到限制，导致复苏放缓。

3.Investors are optimistic about the multiple expansion of credit as banks loosen their lending standards.

投资者对银行放宽贷款标准后的信贷多重扩张持乐观态度。

4.A multiple expansion of credit can stimulate economic growth by making loans more accessible.

通过使贷款更易获得，信贷多重扩张可以刺激经济增长。

5.The recent economic policies have led to a significant multiple expansion of credit, which has boosted consumer spending.

最近的经济政策导致了显著的信贷多重扩张，这促进了消费者支出。

作文

The concept of multiple expansion of credit refers to the process by which financial institutions increase the amount of money available in the economy through lending. This phenomenon typically occurs during periods of economic growth when banks are more willing to extend credit to consumers and businesses. When banks lend money, they do not simply hand out cash; instead, they create deposits in the accounts of borrowers, effectively expanding the money supply. The multiple expansion of credit is a crucial mechanism that drives economic activity, as it enables individuals to make purchases, businesses to invest in new projects, and governments to fund public services.To understand how the multiple expansion of credit works, it is essential to grasp the concept of the reserve requirement. Banks are required to hold a certain percentage of their deposits in reserve, which limits the amount of money they can lend out. For example, if the reserve requirement is set at 10%, a bank with $1 million in deposits can only lend out $900,000. However, when that $900,000 is deposited into another bank, that bank can then lend out 90% of it, or $810,000. This process continues, leading to a significant increase in the total money supply through what is known as the money multiplier effect.The multiple expansion of credit has both positive and negative implications for the economy. On the positive side, increased access to credit can stimulate economic growth, allowing businesses to expand and hire more employees. Consumers can also benefit from credit, as it enables them to purchase homes, cars, and other goods that they may not have been able to afford outright. This increase in spending can lead to higher demand for goods and services, further boosting economic activity.However, there are potential downsides to the multiple expansion of credit. If banks lend excessively without proper oversight, it can lead to unsustainable debt levels among consumers and businesses. This situation was evident during the 2008 financial crisis, where a housing bubble fueled by easy credit ultimately resulted in widespread defaults and a severe recession. Therefore, while the multiple expansion of credit can be a powerful tool for economic growth, it must be managed carefully to avoid creating financial instability.In conclusion, the multiple expansion of credit plays a vital role in the functioning of modern economies. It allows for greater liquidity and encourages investment and consumption. However, it is essential for financial institutions and regulators to monitor lending practices closely to ensure that credit is being extended responsibly. By doing so, we can harness the benefits of the multiple expansion of credit while mitigating the risks associated with excessive borrowing and lending.

“信用多重扩张”的概念是指金融机构通过放贷增加经济中可用资金的过程。这种现象通常发生在经济增长时期，银行更愿意向消费者和企业提供信贷。当银行借出资金时，它们并不是简单地发放现金；相反，它们在借款人的账户中创建存款，从而有效地扩展了货币供应。“信用多重扩张”是推动经济活动的重要机制，因为它使个人能够进行购买，企业能够投资新项目，政府能够资助公共服务。要理解“信用多重扩张”的运作方式，必须掌握准备金要求的概念。银行被要求将一定比例的存款作为准备金，这限制了它们可以放贷的金额。例如，如果准备金要求设定为10%，那么一家拥有100万美元存款的银行只能放贷90万美元。然而，当这90万美元存入另一家银行时，那家银行可以再次放贷其中的90%，即81万美元。这个过程不断重复，导致通过所谓的货币乘数效应，总货币供应量显著增加。“信用多重扩张”对经济有正面和负面的影响。在积极方面，获取信贷的增加可以刺激经济增长，使企业扩大规模并雇佣更多员工。消费者也可以从信贷中受益，因为这使他们能够购买房屋、汽车和其他他们可能无法立即负担的商品。这种支出的增加可以导致对商品和服务的需求上升，进一步推动经济活动。然而，“信用多重扩张”也可能带来潜在的负面影响。如果银行在没有适当监管的情况下过度放贷，可能会导致消费者和企业债务水平不可持续。这种情况在2008年金融危机期间显而易见，当时由于轻松信贷引发的住房泡沫最终导致广泛的违约和严重的经济衰退。因此，虽然“信用多重扩张”可以成为经济增长的强大工具，但必须谨慎管理，以避免造成金融不稳定。总之，“信用多重扩张”在现代经济运作中发挥着至关重要的作用。它允许更大的流动性，并鼓励投资和消费。然而，金融机构和监管者必须密切监控放贷实践，以确保信贷的扩展是负责任的。通过这样做，我们可以利用“信用多重扩张”的好处，同时减轻与过度借贷和放贷相关的风险。