The excess reserves thus seem to have taken on the status of a buffer, rather than actively participating in, and engendering, lending and economic activity.

因此，超额准备金似乎也带有某种“缓冲”性质，而非积极参与（或催生）放贷和经济活动。

youdao

The excess reserves thus seem to have taken on the status of a buffer, rather than actively participating in, and engendering, lending and economic activity.

因此，超额准备金似乎也带有某种“缓冲”性质，而非积极参与（或催生）放贷和经济活动。

youdao