In the United States we have twelve Federal Reserve Banks but we have a Federal Open Market Committee.
在美国,我们有十二个联邦储备银行,但是我们有一个联邦公开市场委员会。
So that's the Federal Reserve System. Incidentally there are twelve banks and there are twelve districts.
所以,这就是联邦储备金系统,顺便提一句,这里说道有十二个银行和十二个区域。
My lectures are going to presume no special knowledge on your part.
我的课程并不需要你们有什么专业性的知识储备。
gets only one Federal Reserve Bank that's San Francisco but Missouri gets two.
只有一个联邦储备银行,旧金山联邦储备银行但是密苏里却有两家。
There are also two Federal Reserve Banks in one in the state of Missouri the Federal Reserve Bank of Kansas City and the Federal Reserve Bank of St. Louis.
而且,在一个州里有两个联邦储备银行,在密苏里州堪萨斯城联邦储备银行,和圣路易斯联邦储备银行。
Banks still are vulnerable to bank runs because they still have deposits so the system is still vulnerable and therefore the Federal Reserve has a set of reserve requirements.
银行仍然对银行挤兑敏感,因为它们仍然有存款,所以这个系统还是比较脆弱的,因此,联邦储备金有一系列的法定准备金率。
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。
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