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单词 asset motive
释义 asset motive

The incentive to hold money as a store of value. If prices are expected to be stable, money is a poor store of value as it earns little or no interest. When inflation is expected, money does even worse as a store of value. If prices fall, however, money is an attractive asset, and if there is thought to be any chance of falling prices, this can prompt a desire to hold money as an asset.

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更新时间:2025/3/13 20:15:47