这是因为，在信用扩张的过程中，信用市场上对信用的滥用和各种投机行为很容易引发credit inflation（信用膨胀），即银行信用提供的货币量超过商品流通中货币需要量而产生通货膨胀。
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rate of credit inflation 信贷膨胀率
inflation of credit 信用膨胀 ; 名誉膨胀
the dilemma of credit inflation 信用扩张难题
credit t inflation 信用膨胀
On the Summer Davos Forum last year, I made it clear we should well manage the inflation expectations and credit management was strengthened consequently.
在去年夏季达沃斯论坛上，我就提出了要管理好通胀预期，随后加强了信贷管理。
Economies where inflation and credit growth are already high and budget deficits large, such as India, have less room to ease monetary or fiscal policy if the economy weakens.
那些例如印度这样的通胀和赤字增长高企，财政赤字又大的经济体，一但经济走弱缓冲货币或财政政策的空间较小。
Emerging markets have proved largely "decoupled" from the Western credit crunch but inflation is proving a global problem.
新兴市场已经被证明相当程度上避开了西方信贷危机的株连，但通胀被证明是一项全球难题。
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