Investors also fear the new administration will loosen fiscal policies, although EU nations from Greece to Britain are being forced to cut spending to shore-up Europe's weakening euro currency.

VOA: standard.2010.05.29

In order to keep the currency convertible they had to keep interest rates high to prevent people from demanding the gold.

为了保持货币的转换性,他们不得不将利率提高,以防人们向他们索求金子的兑换。

耶鲁公开课 - 金融市场课程节选

In order to keep the currency convertible they had to keep interest rates high to prevent people from demanding the gold.

为了保持货币的转换性,他们不得不将利率提高,以防人们向他们索求金子的兑换。

耶鲁公开课 - 金融市场课程节选