LSAP（Large-Scale Asset Purchases）是指大规模资产购买，是一种宏观经济政策手段，通常用于缓解经济衰退期间的通货膨胀压力。以下是对LSAP的五个方面的解释：
1. 定义
LSAP是由央行购买国债和其他金融资产来增加货币供应量，从而刺激经济增长和降低利率的政策。这种政策手段通常在经济萎缩时用于增加货币供应，并通过降低长期利率、提高金融资产价格等方式来刺激经济。
举例：
- The Fed's LSAP program aimed to lower long-term interest rates and stimulate economic growth.
- The Bank of Japan announced a new round of LSAP in response to the pandemic-induced economic downturn.
2. 目的
LSAP的目的是增加流动性，促进贷款和投资活动，带动经济增长。此外，LSAP还帮助央行控制通货膨胀，通过购买大量国债和其他债券来影响市场利率和价格。
举例：
- The ECB's LSAP program is intended to boost inflation and support economic growth in the euro area.
- The Bank of England's LSAP policy helped to stimulate lending and investment during the financial crisis.
3. 实施
LSAP的实施通常需要央行购买大量债券，以增加货币供应量并压低利率。央行可以直接从市场上购买债券，或者通过与商业银行、金融机构等进行交易来实现。
举例：
- The Federal Reserve implemented its LSAP program through open market purchases of long-term Treasury bonds and mortgage-backed securities.
- The Bank of Japan used its LSAP policy to buy government bonds and other assets from commercial banks and financial institutions.
4. 效果
LSAP的效果取决于政策实施的程度和经济环境。通常，LSAP会带来长期利率下降、资产价格上涨和货币供应增加等影响。这一政策也可能对汇率和通货膨胀产生影响。
举例：
- The ECB's LSAP policy has helped to boost asset prices and lending, but has been criticized for its impact on wealth inequality.
- The Bank of England's LSAP program was successful in lowering borrowing costs and stabilizing financial markets during the financial crisis.
5. 风险
尽管LSAP可以刺激经济增长，但过度使用这种政策可能会带来风险。其中最显著的风险是通货膨胀的加剧和资产价格泡沫的形成。此外，LSAP也可能导致货币贬值和利率过低的问题。
举例：
- The Fed has been careful to balance its LSAP program with concerns about inflation and financial stability.
- The Bank of Japan has faced criticism for its extensive LSAP policy, which has led to concerns about debt sustainability and currency devaluation.
例句总结：
- The Fed's LSAP program aimed to lower long-term interest rates and stimulate economic growth.
- The ECB's LSAP program is intended to boost inflation and support economic growth in the euro area.
- The Federal Reserve implemented its LSAP program through open market purchases of long-term Treasury bonds and mortgage-backed securities.
- The ECB's LSAP policy has helped to boost asset prices and lending, but has been criticized for its impact on wealth inequality.
- The Fed has been careful to balance its LSAP program with concerns about inflation and financial stability.
lsap 的中文翻译为“本地安全认证协议”，读音为“L-S-A-P”。例句：LSAP 是一种用于在 Windows 系统中实现本地安全认证的协议。
lsap的中文解释是"链路服务访问点"，还有腰椎蛛网膜下腔压的意思，发音是[lsap]，lsap是一个英语名词，在《实用英语词典》中，共找到86个与lsap相关的句子。
LSAP的中文翻译
1.链路服务访问点
例句:The study was carried out first by evaluating the SAP2000 software. (本研究中首先先评估SAP2000软体之适用性。)
2.腰椎蛛网膜下腔压
例句:A gold pack of Nafisi's cigarettes. (m 115 64 l 115 35 l 171 0 l 177 0 l 133 46 l 143 52 l 179 0 l 184 0 l 159 63 l 229 107 l 229 182 l 145 96 l 135 122 l 207 227 l 137 227 l 115 172 l 115 93 l 126 76 l 115 64 l 104 76 l 115 93 l 115 172 l 93 227 l 23 227 l 95 122 l 84 96 l 0 182 l 0 107 l 70 63 l 45 0 l 50 0 l 87 52 l 97 46 l 52 0 l 59 0 l 115 35)
用法及短语
lsap一般作为名词使用，如在LSAP([=limbar subarachnoid pressure]腰椎蛛网膜下腔压)等常见短语中出现较多。
| LSAP | [=limbar subarachnoid pressure]腰椎蛛网膜下腔压 |
例句
1. (SAP, Ivana Trickovic) SAP believes that adoption of BPMN 2.0 is the immediate next goal. (翻译:Ivana Trickovic SAP认为，BPMN 2.0的采用会是下一个直接目标。)
2. Oh, I do congratulate you. I really do. (翻译:l do congratulate you. l really do.)
3. The sap of this plant blisters the skin. (翻译:这种植物的汁液会使皮肤起水疱。)
4. I lied because I was scared and when that happened, I panicked. (翻译:因为我害怕 l lied because l was scared l panicked.)
5. Quinn, listen... all kinds of progress will start then. (翻译:字幕组 m 71 60 b 71 0 161 0 161 60 b 161 120 71 120 71 60 m 20 0 l 209 0 b 218 0 229 11 229 20 l 229 209 b 229 218 218 228 209 228 l 20 228 b 11 228 0 218 0 209 l 0 20 b 0 11 11 0 20 0 m 195 227 l 228 227 l 149 147 m 149 86 l 134 100 l 241 210 l 241 180 m 195 71 l 89 180 l 89 210 l 89 210 l 225 71 m 134 71 l 89 117 l 89 147 l 163 71 m 134 164 l 195 227 l 228 227 l 150 148 m 149 86 l 134 100 l 241 210 l 241 177 m 195 71 l 89 180 l 89 210 l 89 210 l 225 71 m 134 71 l 89 117 l 89 147 原创翻译 双语字幕 ■ 最快首发美剧日剧下载请登录 字幕组网站 字幕组 m 71 60 b 71 0 161 0 161 60 b 161 120 71 120 71 60 m 20 0 l 209 0 b 218 0 229 11 229 20 l 229 209 b 229 218 218 228 209 228 l 20 228 b 11 228 0 218 0 209 l 0 20 b 0 11 11 0 20 0 m 195 227 l 228 227 l 149 147 m 149 86 l 134 100 l 241 210 l 241 180 m 195 71 l 89 180 l 89 210 l 89 210 l 225 71 m 134 71 l 89 117 l 89 147 l 163 71 m 134 164 l 195 227 l 228 227 l 150 148 m 149 86 l 134 100 l 241 210 l 241 177 m 195 71 l 89 180 l 89 210 l 89 210 l 225 71 m 134 71 l 89 117 l 89 147 原创)
6. ESD for SAP Adapter is used to discover the outbound services and metadata from SAP. (翻译:使用ESD for SAP Adapter发现SAP中的出站服务和元数据。)
7. I talked to my father, and I apologized to him. (翻译:- l talked to my father, and l apologized to him.)
8. To SAP the strength or energy of; enervate. (翻译:使衰弱削弱…的力量或精力；使衰弱收藏。)
9. Figure 2: the main components of the Arsin SAP testing solution. (翻译:图2：arsin SAP测试解决方案的主要组件。)
10. Appendix: Important SAP OSS notes. (翻译:附录：重要的SAP OSS说明文件。)
11. H, I, J, K, L, M, N, O, P, (翻译:H, l, J, K, L, M, N, O, P,)
12. This thesis use sever examples to test and verify SAP 2000 program. (翻译:本论文使用七个实际案例以验证SAP2000软体。)
13. I think I want to know you (翻译:l think l want to know you)
14. SAP confuses customers with pricing. (翻译:SAP利用价格混淆消费者。)
15. All right. "E, F, L, E, P, T P, L, E, P, F, L, E L, E, P, T, L, P, E, F, E, T, Z, E, T... (翻译:好 ， E F L E P T P L E P F L E L E P T L P E F E T Z E T)
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