所以说银行准备金的变化，或者说美联储购买或出售资产导致的准备金的变化，会产生一个杠杆效应或“倍数效应”。

Hence, the leveraged, or "multiple," effect of changes in bank reserves, and of the Fed's purchases or sales of assets which determine those reserves.

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随着银行存款准备金率(两倍于花旗银行和美国银行)的提升和对房屋贷款的限制房地产市场的杠杆化效应正在被淡化。

Leverage is being squeezed out of real estate by increased bank reserve ratio requirements (which are almost double those of Banks like Citigroup (BAC - news - people)) and by limits on mortgages.

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