In order to keep the currency convertible, they had to keep interest rates high to prevent people from demanding to exchange the gold.
为了保持货币的转换性，他们不得不将利率提高，以防人们向他们索求金子的兑换。
The country's currency, the dong, is not convertible and people do not trust it, preferring us dollars or gold.
这个国家的货币，越南盾，是不可兑换的，而越南人民也不相信它，他们更喜欢美元或者黄金。
But for most of American history, dollars have been convertible into gold or silver.
但是在美国历史的大部分时间里，美元早已经可以兑换成黄金或者银了。
Of course the price of gold never changed in the gold standard because that was the whole point of the gold standard that's if currency was convertible into gold.
当然，在金本位制度中,金子的价格从来没有变过,因为这是金本位制度,的核心所在,如果货币能够与金子转换的话。
The reason that countries dropped the gold standard was that under the effort to keep the currency convertible into gold they were worsening the depression of the 1930s.
这些国家放弃金本位制度，的原因在于，伴随着保持，货币与金子的转换功能，三十年代的大萧条正在被加深。
Only the United States dollar was convertible into gold, at the price of $35 an ounce.
只有美元可以按35美元换一盎司黄金的价格来兑换成黄金。
Of course the price of gold never changed in the gold standard because that was the whole point of the gold standard that's if currency was convertible into gold.
当然，在金本位制度中，金子的价格从来没有变过，因为这是金本位制度，的核心所在，如果货币能够与金子转换的话。
In order to keep the currency convertible they had to keep interest rates high to prevent people from demanding the gold.
为了保持货币的转换性，他们不得不将利率提高，以防人们向他们索求金子的兑换。
When sterling finally went off the gold standard in 1931, bank of England notes ceased to be convertible into any other medium.
当英镑最后在1931年放弃金本位时，英格兰银行钞券停止兑换成任何其它媒介。
The USA announced that the dollar would no longer be convertible into gold in 1971.
美国宣布，美元将不再是在1971年兑换成黄金。
Vietnamese people in a complete loss of confidence in VND, competing switch their VND convertible into dollars or gold, a domino effect, even run out of control inflation.
越南民众对越南盾信心尽失，争相把手上的越南盾兑换成美元或黄金，形成骨牌效应，通膨更一发不可收拾。
Vietnamese people in a complete loss of confidence in VND, competing switch their VND convertible into dollars or gold, a domino effect, even run out of control inflation.
越南民众对越南盾信心尽失，争相把手上的越南盾兑换成美元或黄金，形成骨牌效应，通膨更一发不可收拾。
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