cheap money policy

基本解释

Having enjoyed the benefits of Europe's “one size fits all” policy when money was cheap, Ireland and Spain are about to suffer the cost.
在享受了“一视同仁”的宽松货币政策之后，爱尔兰和西班牙马上就要为此付出代价。
Having enjoyed the benefits of Europe's "one size fits all" policy when money was cheap, Ireland and Spain are about to suffer the cost.
当欧洲地区内其他国家在货币贬值时享受“一刀切”政策带来的利益时，爱尔兰和西班牙将要付出代价。
If money is too abundant or too cheap, inflationary pressures may build up or bubbles may appear in financial markets—until central banks tighten policy or market opinion suddenly changes.
是如果现金过多或过于便宜，那么通胀压力就会大增，或者金融市场的泡沫就会显现——直到央行实施紧缩性政策，或市场突然改变看法为止。

The exact mix between the cheap money policy of the Fed (which allowed the prices of real estate to be bid up) and the unsound lending and guarantee practices of Fannie Mae and Freddie Mac is surely part of the overall story.
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The Fed could, for example, promise to keep rates at record lows until at least 2015, thus giving markets one more year of cheap money and loose monetary policy.
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Although an expansive monetary policy and the massive inflow of cheap money helped inflate the housing bubble, the financial crisis as we know it would not have occurred without the toxic effect of subprime lending.
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