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。

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

It says that you have to keep deposits with us here at the central bank; either that or else keep vault cash and show that you have it as reserves for your deposits.

它声明你必须在中央银行这里,付保证金；,要不那样做，要不就在金库中存钱,并且表明你把它作为,存款中的储备金。

耶鲁公开课 - 金融市场课程节选

What they want to do is expand the actions of the Fed, so that they're not--you can describe the Federal Reserve or any central bank, traditionally, as a banker's bank the Bank of England was the first central bank and it made banks keep deposits at the Bank of England.

他们想做的是扩大政府对经济的调控范围，这样政府就能将联邦储蓄,或者其他中央银行变成银行的银行,英国银行是第一个中央银行,他使其他银行将钱存放在它这里。

耶鲁公开课 - 金融市场课程节选