As the world's most successful investment bank, Goldman was involved in many of the practices that led to the credit crunch - such as the creation of "toxic" mortgage-backed securities.

高盛作为世界上最成功的投资银行，参与了许多最终导致信贷紧缩的活动——比如创造“有毒”的按揭证券。

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The U.S. and global financial systems require credit creation and foreclosure prevention, not bank nationalization as currently contemplated by some.

美国和全球金融系统需要找回信用并谨防丧失抵押品赎回权，而不是当前一些人所想的银行国有化。

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The link-up between credit fund and stock market fund is rational if the former is not related to the creation mechanism of bank credit.

在不与银行信贷的创造机制相连的前提下，信贷资金和股市资金的沟通是合理的。

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If short-term interest rates (primarily the target Fed-Funds rate) are close to zero the impact of more bank credit and more money creation through open market purchases remains.

FORBES: 'Quantitative Easing' Is A Toxic Phrase for a Routine Policy

Raising the rate of interest paid on excess reserves can make new bank loans less attractive, thus tempering overall credit creation.

ECONOMIST: Quantitative easing

According to this theory it is the artificial lowering of interest rates and creation of excess credit by a central bank's monetary policy that causes investors to erroneously believe that economic conditions are better than they actually are, leading to an abundance of overconfidence.

ECONOMIST: Thailand and the Rohingya