First the money markets seized up, as Banks hoarded spare cash.

首先，由于银行囤积了备用金，货币市场停止运作。

youdao

Money that is hoarded rather than spent doesnot increase inflation.

用于储蓄的货币是不会影响通货膨胀率的，而用于消费的货币则恰恰相反。

youdao

And so money that is simply hoarded is of no value.

所以，仅仅为了贮藏，金钱便毫无价值可言。

youdao

They worry that this money, which today is largely being hoarded by the financial industry, will eventually be loaned out into the real economy, prompting prices to rise.

ECONOMIST: Economics focus