美国比大多数欧洲国家有更好的增长前景，而且美国还有将债务转移到国际储备货币上的“过分的特权”，这将使成本降低。
The US has better growth prospects than most European nations and has the "exorbitant privilege" of issuing debt in the world's reserve currency, which keeps the cost down.
俄罗斯和中国等国家的外汇储备中很大一部分是美债……应该有其它的储备货币。
Countries like Russia and China hold a significant part of their reserves in American securities... There should be other reserve currencies.
因此，联合债券发行能够提升欧元作为储备货币的地位，也能降低所有参与国家的借贷成本。
A joint bond issue could thus enhance the euro's standing as a reserve currency, as well as lowering borrowing costs for all countries that took part in it.
那些在历史上留下浓墨重彩的国家正在崛起，人民币在未来很可能成为重要的储备货币。
Those who take a grand sweep of history are backing China's yuan as a big reserve currency of the future.
美元作为国际储备货币的地位使得美国可以以低廉的利息贷款,从而造成国家信用和房地产泡沫持续更长的时间.
The dollar’s reserve-currency status let America borrow cheaply, causing the country’s credit and housing bubbles to persist for longer than they otherwise would have.
理论上，几个国家可以以集团的方式共同持有外汇储备，这样就比各国单独持有外汇储备所需要的储备货币量要少。
In theory, groups of countries could pool reserves, so that a smaller amount would suffice than if countries each maintain their own buffers.
他们不想看到其他国家把黄金作为储备货币，而用美元或者欧元。
They don’t want to see other countries turning to gold reserves instead of the US dollar or Euro, " stated the 2009 cable, quoting Chinese Radio International.
他指出，(当一种储备货币贬值时，)国际货币基金组织可以发出警告，迫使相关国家采取干预措施，稳定币值。
He says the IMF could issue alerts that would prompt countries to intervene to hold the value of their currencies steady.
人们深信，一个储备货币的发行者、一个没有外币债务的国家终究会付款的。
It's a deep belief that the issuer of the reserve currency and one without foreign-currency debt will always make its payments.
20年代，英镑被高估，而且被小的国家用作储备货币。
During the 1920s, the British Pound was overvalued and was used by smaller countries as a reserve currency.
去年，俄罗斯联合中国，呼吁创立一种新的超国家货币，以取代美元成为全球储备货币。
Last year, with China, Russia called for a new supra -national currency to replace the dollar as the world's reserve currency.
去年，俄罗斯联合中国，呼吁创立一种新的超国家货币，以取代美元成为全球储备货币。
Last year, with China, Russia called for a new supra -national currency to replace the dollar as the world's reserve currency.
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