So governments have tended to resort to " sterilisation " operations usually through the issuance of government or central bank debt securities in order to mop up excess liquidity from money markets. 因此政府往往会进行“冲销”操作一般采用发行政府或央行债券的做法,以吸收货币市场上过剩的流动性。
Its flood of liquidity ( money made available to borrow at low interest rates ) and lax regulations led to a housing bubble. 美联储的流动资产(可以低息贷出的金钱)和松缓的规定导致了房产泡沫。
Leading central banks, in particular, have strong credibility witness their ability to support liquidity in money markets over the past six months, while being clear about their continued commitment to low inflation. 尤其是主要国家的央行拥有强大的可信度(不妨看看过去6个月它们为货币市场流动性提供支撑的能力),同时它们清楚自己有关维持低通胀的持续承诺。
Our current credit problems are the flip side of our balance of payments problem, he told the Financial Times. The world has been awash with liquidity and money has been pouring in from abroad, so lots of money had to get invested fast. 我们当前的信贷问题是国际收支问题的另一个方面,他向英国《金融时报》表示:这个世界一直充斥着流动性,资金不断从国外涌入,大量资金不得不迅速投资到位。
Savings surplus has slowed down the liquidity of money and decreased the monetary policy's influence on output, which makes economic growth depend more on fiscal deficit and trade of export and import. It also makes trade policy and fiscal policy face dilemma. 储蓄过剩降低了货币的流动性,削弱了货币政策对产出的影响,使经济增长更加依赖财政赤字和进出口贸易,也使贸易政策和财政政策面临两难选择。