If you'll allow me I will talk first about just what is a central bank such as the Federal Reserve and what do they do.
如果可以的话，我将首先谈谈，中央银行到底是什么，比如说联邦储备局，还有他们都做什么。
The currency has been allowed to appreciate by 25 per cent since a landmark revaluation in 2005, which is what the central bank official was probably referring too.
自2005年人民币得到里程碑式的重估以来，中国已经允许人民币升值25%，文章开头那位央行官员所说的可能就是这个。
Part of the answer is to define explicitly what the central bank is trying to do-for example, hit a target for consumer-price inflation.
答案的一部分是明确界定央行该努力去做什么——例如，为消费者物价通胀率达成目标。
The usual answer is a central bank: exactly what Bitcoin is trying to avoid.
常规的答案是中央银行，而这正是比特币所试图绕过的东西。
We have no need to work, the central bank to print money, each holding a large stack carried home is, what I do in this lecture?
我们没必要工作，央行印钞票，每人拿着一大摞子扛回家就是了，我干什么在这讲课？
We have no need to work, the central bank to print money, each holding a large stack carried home is, what I do in this lecture?
我们没必要工作，央行印钞票，每人拿着一大摞子扛回家就是了，我干什么在这讲课？
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