It's also about: how banks operate; what their function is in our society; and, why they are such important institutions that have gone back for hundreds of years and remain powerful, central features in our economy.

也会讲到,银行如何运作,银行在社会上的功能,以及为什么几百年来,银行依然在经济生活中拥有,重要的作用

耶鲁公开课 - 金融市场课程节选

I mentioned earlier that we used to be on the gold standard and central banks were gold standard institutions that were trying to stabilize the economy but subject to the constraint that they had to maintain convertibility with gold but those central banks' role has changed a lot.

直至改变,我之前提到,我们过去是以金本位为基础的,并且中央银行也是以金本位为基础的机构,它们试图稳固经济,但是也在,保持金子的转换功能约束下。

耶鲁公开课 - 金融市场课程节选