Instead of having a central bank we decided that there would be a list of banks called the National Banks.

与拥有一个中央银行不同的是,我们决定将很多银行归到,国家银行的行列中。

耶鲁公开课 - 金融市场课程节选

We're left with the central banking institutions that are now functioning without convertibility to gold.

我们现在与那些,现如今运行时没有金子转换功能,的中央银行机构打交道。

耶鲁公开课 - 金融市场课程节选

Instead of setting up a central bank in the United States as was done commonly in other countries the United States instead created twelve banks; they're the twelve Federal Reserve Banks.

与在很多国家设立中央银行,不同的是,在美国,建立了十二个银行；,它们是十二个联邦储备金银行。

耶鲁公开课 - 金融市场课程节选

One thing that's been a trend around the world is that the I mentioned that the U.S. Federal Reserve System was different from other central banks in that it was designed to have independence.

一个在世界范围内,流行的事实是,我提到过美国联邦储备系统,与其他中央银行不同,因为它有独立自主性。

耶鲁公开课 - 金融市场课程节选

What the term auction facility it was also created in connection in collaboration with the Bank of Canada the Bank of England the European Central Bank and the Swiss National Bank.

货币短期拍卖,同时也是联系着,与加拿大银行，英格兰银行,欧洲中央银行，和瑞士国家银行。

耶鲁公开课 - 金融市场课程节选

All of these central banks of Canada England Europe and Switzerland got together with the Federal Reserve and said--obviously they were worried about the financial crisis that was engulfing the world.

所有的这些中央银行,加拿大，英国，欧洲，瑞士,与联邦准备银行聚集到一起,说-明显的他们是担忧,现在正吞没整个世界的金融危机。

耶鲁公开课 - 金融市场课程节选