储蓄为什么与利率负相关：中英文双语解读

中文版

储蓄与利率之间的关系常常被认为是负相关的，即利率上升时，储蓄意愿减弱；利率下降时，储蓄意愿增强。这种现象背后的原因主要有以下几个方面。

首先，利率作为资金的价格，反映了资金的供求关系。当利率上升时，意味着资金使用成本增加，这会导致投资和消费减少，进而减少人们的储蓄需求。

其次，利率上升可能会带来通货膨胀的压力，导致货币贬值。在这种情况下，人们更倾向于消费或投资实物资产，而不是将资金存入银行进行储蓄。

最后，储蓄行为还受到人们的心理预期和风险偏好的影响。当利率上升时，人们可能会认为未来的投资回报会更高，因此更倾向于将资金用于投资而非储蓄。同时，高利率也可能使人们对储蓄的安全性产生担忧，从而减少储蓄意愿。

英文版

Why Savings Are Negatively Correlated with Interest Rates: A Comparative Reading in Chinese and English

English Version

The relationship between savings and interest rates is often perceived as negatively correlated, meaning that as interest rates rise, the willingness to save decreases; and as interest rates fall, the willingness to save increases. There are several reasons behind this phenomenon.

Firstly, interest rates, as the price of capital, reflect the supply and demand relationship of funds. When interest rates rise, it means that the cost of using funds increases, which leads to a decrease in investment and consumption, and subsequently reduces people's demand for savings.

Secondly, the rise in interest rates can bring inflationary pressure, leading to currency depreciation. In such cases, people are more inclined to consume or invest in physical assets rather than deposit funds in banks for savings.

Lastly, saving behavior is also influenced by people's psychological expectations and risk preferences. When interest rates rise, people may believe that future investment returns will be higher, making them more inclined to use funds for investment rather than savings. At the same time, high interest rates may also make people concerned about the safety of savings, thereby reducing their willingness to save.