It was granted a monopoly on joint stock banking by Parliament in return for giving war loans to the government.
作为向政府给予战争贷款的交换,英格兰银行被英国国会授予,成为股份制银行的垄断者。
This is actually kind of a moderate position because it talks about government and the people sharing power here and taking responsibility for change.
这实际上是一种中立的立场,即作为分担责任的代价,政府与公民分掌权利
And,so,every government that comes to power,they say, well we're going to do something about this.
因此每一个上台执政的政府都会说,我们会对此有点作为
Then there is larger issue of course of national sovereignty The Parkistani government as a position, the official position that they don't allow this to happen.
还有就是更大的问题-国家主权,巴基斯坦政府作为一个政府,不允许这个发生。
With the government expected return, we want to make that expected return as a fourth asset-- rf we could call it r4 but I'll call it rf-- it's a special asset.
根据政府的期望收益率,我们将其作为第四种资产-,可以称之为r4,我们写成-,这是个特殊的资产。
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