The ability to exchange money for gold or other currencies.
货币转换为黄金或其他币种的能力。
AT the bank, you will learn how to exchange money, fill out a form, use an ATM machine and converse with a bank teller.
在银行里面，你将更了解如何兑换货币、填表格、使用自动提款机等银行相关对话。
Money arises on the free market, as individuals on the market try to facilitate the vital process of exchange.
货币诞生于自由市场，市场里的个人为了使商品交换过程更加方便而产生了货币。
But in floating exchange rate markets, speculators can only make money if they help to stabilise the market, not if they make it more unstable.
但是在浮动汇率市场上，投机商若要赚钱，只有帮助稳定市场而不是使市场更加动荡。
But some fear that strings might be attached to such money, such as less criticism of China's exchange-rate policy.
但是，有人担心这种增资将是附有条件的，比如减少对中国汇率政策的批评。
Mainly, it is the confidencepeople have that they will be able to exchange such money for other financialassets and for real goods and services whenever they choose to do so.
这主要还是因为，人们认为他们拿到这些钱之后，不管什么时候都能去买金融资产和真实的商品和服务。
His choice was that China go to fiat money, control the money supply tightly, and let the exchange rate float.
他的选择，是中国采用美国的无锚货币制，严谨地控制货币量，让汇率自由浮动。
In many cases of past rebalancing, an undervalued exchange rate also led to excessive growth in money supply, making it harder to tame inflation.
在很多调整平衡的情况下，低估的汇率还会导致货币供应过度增长，增加平抑通货膨胀的难度。
People just refuse to accept money. Suddenly, there is no medium of exchange.
人们拒收货币，突然，没有了交换媒介，市场崩溃。
In other words, a central bank trying to prop up its currency must allow its sales of foreign exchange to reduce the domestic money supply.
换一句话说，央行要如果要支持它的汇率，必须容许出售外汇以降低国内的货币供应。
I knew people might be reluctant to talk to me, and I knew that most people were happy to accept a bottle of scotch instead of money if you offered it in exchange for their help.
我知道可能人们会询问我，而我知道如果你寻求帮助时，作为交换，比起给钱来说，大多数人更乐于接受一瓶威士忌。
Out of institutional reasons, the central bank has to utilize base money to keep exchange rate stability and inflation, therefore, is inevitable.
因为制度性原因，央行不得不以基础货币来维持汇率稳定，于是通胀就无法避免。
Money was allowed to flow freely across borders and, in an era of floating exchange rates, the constraints on credit growth were much reduced.
在浮动汇率时代，资金可以无国界自由流动，而且在浮动汇率时代信贷增长的管制也放松了。
Whatever form it takes, the use of money as a means of exchange seems to be hardwired; so too does its capacity continually to distort human behaviour.
无论交易采取何种形式，金钱交换手段似乎已经成型；同时，金钱已经能够不断扭曲人类的行为。
And while I haven't made any money photographing events, I have a standing arrangement with a few friends to photograph their children's birthday parties in exchange for all the cake I can eat.
虽然我没有因为给大场合照相而赚钱，我已经和一些朋友有了一个协议，给他们的孩子的生日宴会照相来换取我能吃的蛋糕。
New quarterly data also released by the CFTC this month show that money flows to exchange-traded funds (ETFs) for commodities failed to correlate strongly with last year's price surge.
本月CFTC又发布了新季度的数据，数据显示投向交易型开放式指数基金(etf)、用于购买商品的资金不能与去年的物价飙升产生必然联系。
So printing enough money to "satisfy the hoarder" is the only way of getting interest rates or the exchange-rate down.
因此，印出足够多的钞票以“满足囤币者”，是压低利率或汇率的唯一办法。
To maintain the exchange rate stability, the central bank would have to use base money to intervene in the foreign exchange.
要保持汇率稳定，央行就不得不动用基础货币来干预外汇。
If money is kept to monetary phenomena, then anchoring the exchange value to a tradable index would not be difficult to attain and sustain.
把货币的用途限于货币现象，将汇率与一个可以成交的指数挂钩是不难维持的。
Jones: Oh, I want to change some money, but I do not know how to fill out the exchange form.
琼斯：啊，我想兑换些钱，但不知道怎样填写兑换单。
By the end of the month, Rubin and Summers had begun to con-sider acting unilaterally, by providing the money to Mexico out of the Exchange Stabilization Fund.
当月月底，鲁宾和萨默斯已经开始考虑采取单边行动，动用外汇平准基金向墨西哥提供贷款。
By the end of the month, Rubin and Summers had begun to con-sider acting unilaterally, by providing the money to Mexico out of the Exchange Stabilization Fund.
当月月底，鲁宾和萨默斯已经开始考虑采取单边行动，动用外汇平准基金向墨西哥提供贷款。
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