身边的经济学·社会常识英语30篇(4)
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Currency Stability and Public Trust
货币稳定与公众信任
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People use money only if they believe it will hold value.人们只在相信货币能保值时才使用它。
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High inflation makes savings shrink and prices hard to plan.高通胀会侵蚀储蓄,使价格难以预测。
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Central banks aim to keep prices steady over time.央行的目标是长期维持物价稳定。
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Strong institutions and clear rules help build trust in currency.健全的制度和明确的规则有助于建立货币信任。
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When trust falls, people may switch to foreign money or barter.一旦信任崩塌,人们可能转向外币或以物易物。
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Stable money supports long-term business investment too.稳定的货币也有助于支持企业长期投资。
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Trust takes years to build but can break in days.信任需多年建立,却可能数日瓦解。
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That is why central bank independence matters deeply.正因如此,央行独立性至关重要。