création monétaire

English translation: printing money/bills

00:57 Dec 20, 2012

French to English translations [PRO]
Bus/Financial - Government / Politics / fulfillment - receiving/s

French term or phrase: création monétaire

This is a tract about role of government vs. private sector. I know the literal translation here of "monetary creation" or "creation of money" could probably work, but I'm also wondering whether something less literal, such as "expanding the money supply" or even "printing money" would actually be more descriptive and appropriate here. Many thanks in advance.

Si l’État décide de ne pas entrer dans le processus de **création monétaire,** sa seule source de financement reste l’émission d’obligations, sachant que les sommes empruntées à l’intérieur de ses frontières nationales seront forcément soustraites à l’activité économique et lui feront défaut.

Timothy Rake KudoZ activity Questions: 291 (5 open) (14 without valid answers) (16 closed without grading) Answers: 769 United States
Local time: 20:16

English translation:printing money/bills

Explanation:
I would suggest

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Note added at 7 mins (2012-12-20 01:05:01 GMT)
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or "notes"

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Note added at 9 mins (2012-12-20 01:06:50 GMT)
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or even "paper" (would be understood in thi context)

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Note added at 9 mins (2012-12-20 01:07:04 GMT)
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this

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Note added at 18 mins (2012-12-20 01:15:58 GMT)
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I really think your own "printing money" is good here ...

Selected response from:

David Hollywood
Local time: 00:16

Grading comment

4 KudoZ points were awarded for this answer

Summary of answers provided

4 +6

Quantitative easing (QE)

Daryo

printing money/bills

David Hollywood

Discussion entries: 3

Answers

6 mins confidence:

printing money/bills

David Hollywood
Local time: 00:16
Native speaker of: English
PRO pts in category: 16

57 mins confidence:

peer agreement (net): +6

Quantitative easing (QE)

Explanation:
a masterstroke in euphemism design; very creative way to say "we'll just print as much money as we fancy, no matter if there's or not any real basis in the economy for doing so"

"... Quantitative easing (QE) is an unconventional monetary policy used by central banks to stimulate the national economy when conventional monetary policy has become ineffective.[1][2] A central bank implements quantitative easing by buying financial assets from commercial banks and other private institutions with newly created money in order to inject a pre-determined quantity of money into the economy. ..."
[http://en.wikipedia.org/wiki/Quantitative_easing]

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Note added at 8 hrs (2012-12-20 09:06:20 GMT)
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"expanding the money supply" would be the same in plain English, "inflating the money supply" would be more accurate, but no one likes to utter the "I" word – (thus “QE” was coined).

Daryo
United Kingdom
Local time: 04:16
Specializes in field
Native speaker of:

Serbian,

French
PRO pts in category: 33

Notes to answerer

Asker: Daryo, thanks for the term – given this "technical" term and the fact that "printing" money is passé, I would assume that "expanding the money supply" would be the same thing?

Peer comments on this answer (and responses from the answerer)

agree

Marie Jackson: Right on the money. 'Printing money' is still commonly used despite the factual inaccuracy of the term, but this is the technical term for the concept.

11 mins

-> Thanks!

agree

Evans (X): This is certainly the current term used for this concept in the UK. It is being used a great deal at the moment and now everyone knows what it means (in theory at least).

9 hrs

-> Thanks!

neutral

B D Finch: My knowledge of economics is too limited to agree, but I wonder if there is any way I can do this myself when it's time to pay my bills??

9 hrs

-> yes, small problem being that when the banknotes come from the wrong printer it's got a nasty name...

agree

AllegroTrans

12 hrs

-> Thanks!

agree

nweatherdon: proposed as an alternative to issuing bonds, QE seems right to me

1 day 7 mins

-> Thanks!

agree

Adam Warren

2 days 12 hrs

-> Thanks!

agree

Yolanda Broad: Exactly what I needed for the translation I'm working on right now!

2 days 19 hrs

-> Thanks!

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création monétaire

English translation: printing money/bills

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English translation: printing money/bills

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