翻訳と辞書 Words near each other ・ Credit card debt ・ Credit card fraud ・ Credit card hijacking ・ Credit Card Insider ・ Credit card interest ・ Credit card kiting ・ Credit card roulette ・ Credit channel ・ Credit circle ・ Credit control ・ Credit control in India ・ Credit Corp Group ・ Credit counseling ・ Credit crisis of 1772 ・ Credit crunch ・ Credit cycle ・ Credit default option ・ Credit default swap ・ Credit default swap index ・ Credit derivative ・ Credit Derivatives Product Company ・ Credit enhancement ・ Credit Environment India ・ Credit Europe Bank ・ Credit event ・ Credit Foncier ・ Credit Foncier de Monaco ・ Credit Foncier of America ・ Credit fracking ・ Credit freeze Dictionary Lists mini英和辞書 mini和英辞書 Webster 1913 Latin-English FOLDOC Wikipedia English ウィキペディア

翻訳と辞書　辞書検索 [ 開発暫定版 ] スポンサード リンク Credit cycle ： ウィキペディア英語版 Credit cycle The credit cycle is the expansion and contraction of access to credit over the time. Some economists, including Barry Eichengreen, Hyman Minsky, and other Post-Keynesian economists, and some members of the Austrian school, regard credit cycles as the fundamental process driving the business cycle. However, mainstream economists believe that the credit cycle can not fully explain the phenomenon of business cycles, with long term changes in national savings rates, and fiscal and monetary policy, and related multipliers also being important factors. During an expansion of credit, asset prices are bid up by those with access to leveraged capital. This asset price inflation can then cause an unsustainable speculative price "bubble" to develop. The upswing in new money creation also increases the money supply for real goods and services, thereby stimulating economic activity and fostering growth in national income and employment. When buyers' funds are exhausted, an asset price decline can occur in the markets which had benefited from the credit expansion. This can then cause insolvency, bankruptcy, and foreclosure for those borrowers who came late to that market. This, in turn, can threaten the solvency and profitability of the banking system itself, resulting in a general contraction of credit as lenders attempt to protect themselves from losses. ==See also== *Austrian Business Cycle Theory 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Credit cycle」の詳細全文を読む スポンサード リンク 翻訳と辞書 : 翻訳のためのインターネットリソース Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.