Fears about the solvency of the banks precipitated the great economic crash.
对银行偿

出现恐慌更加速了经济的崩溃。
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崛起 People knew that no one could save their bank if it went bust, so as soon as rumors of insolvency started spreading, everyone frantically started withdrawing whatever they had, bankrupting otherwise healthy and solvent banks simply out of fear.
人们知道如果银行倒闭了, 没有人能救它,所以一旦有关破产
传言开始传播,大家都开始疯狂地提取存款,这使得原本健康且有偿付能力
银行因恐慌而破产。
Walter Badgett, a former editor of The Economist, is credited with advising that, to avoid a crisis, central bankers should lend freely to solvent institutions, secured by good collateral and at a penalty rate of interest.
《经济学人》(The Economist) 前编辑沃尔特·巴吉特 (Walter Badgett) 因建议,为避免危机,央行行长应向有偿付能力
机构自由放贷,并以良好
抵押品和罚款利率为担保。
钻石(上)