这样的购买活动会削弱贷出国货币的价值。
Such purchases tend to weaken the value of the lender country's currency.
所有的银行只能成为将其实际借款再次贷出的中介，而不是凭空制造货币并将其贷出赚取利息的机器。
All Banks should be financial intermediaries that lend depositors' money, not engines for creating money out of nothing and lending it at interest.
因为部分证券收益和银行(已经贷出的)贷款是以现金形式持有的，所以降低了货币多倍扩张乘数。
The magnitude of the expansion of the money supply is reduced by the portion of securities proceeds and bank loans that are held in cash.
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