他指出，法币的价值只因为美联储说它可以。
By fiat, he means that it has value only because the Fed says it does.
在当今盛行的法币制度下，各国央行通常对短期利率拥有控制权。
Under today's fiat-money regimes, central banks, as a rule, control short-term interest rates.
1935年中国实行法币政策后，银本位制度实际上就放弃了。
Then in 1935, China began to implement a legal tender policy and the silver standard system was abandoned.
就是这种金融市场的不负责任行为让法币在近100年里持续贬值。
It is this corrupt manipulation of the financial system and the economy that has totally destroyed the value of money in the last 100 years.
粮食价格平稳，稳定了大后方物价的总体水平，也使得法币较受民众信任；
Thirdly, the stabal grain price stabilized the general level of the commodity prices and also gained people's trust in the paper money issued by the government.
法币骤然贬值，“金元券”登台之后，物价更如脱缰之马，上下午竟能翻番儿。
France sudden currency devaluation, "Kim Won-coupons" on the stage, the price is more like runaway horses, on the afternoon children can escape to double.
1935年法币政策的实施，加强了中央银行的力量，推动了中央银行职能的发挥。
The implementation of the reform of currency in 1935 strengthened the power of Central Bank and propelled the development of its functions.
直到五年后，1933年币制统一于“中央银行”发行的“法币”，币制已相对稳定，于是东莱银行又复业。
Within five years, a unified currency in 1933 the "central" issue of "legal tender" currency has been relatively stable, so Donglai Bank has to resume business.
你不能一边挑战法币，颠覆全球支付行业，一边又对不请自来的关注暴跳如雷，就像因为父母没敲门就进卧室而大发脾气的少年一样。
You cannot challenge fiat currencies and disrupt the global payments industry while reacting to any uninvited scrutiny like an adolescent whose parent has opened the bedroom door without knocking.
你不能一边挑战法币，颠覆全球支付行业，一边又对不请自来的关注暴跳如雷，就像因为父母没敲门就进卧室而大发脾气的少年一样。
You cannot challenge fiat currencies and disrupt the global payments industry while reacting to any uninvited scrutiny like an adolescent whose parent has opened the bedroom door without knocking.
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