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There have been fundamental changes through time that make the role of the central bank evolve and change through time.
试图保持系统的稳定,随着时间的发展，基本的改变发生,使得中央银行的角色演变。
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The central banks still exist so you still have the Bank of France the Deutsche Bundesbank etc.
中央银行仍然存在,所以我们现在仍然有法国银行,德意志银行等等。
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The central bank posts an interest rate that is the rate at which these member banks can borrow.
中央银行设定一个利率,这个利率是这些会员银行可以借进的利率。
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That's why we need independence of the central bank; we want to have a central banker that can say no to the government.
这就是为什么我们需要独立自主的,中央银行；,我们希望有一个可以对政府说不得,中央银行家。
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The government can't kick the central head- head of the central bank out for failing to offer them loans when they want it.
政府不能因为当它需要资金时-,中央银行的首领没有给予它贷款,而解雇他。
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So the central bank would print up notes and give it to the government and the government would start spending it on the war.
于是，中央银行会印制钞票,并将其交到政府手中,之后政府开始,将其用到战争开销中。
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The thought was that the central bank is guarding the money stock and governments have a tendency to sometimes want to raid the bank when they're in trouble.
观点是,中央银行在保护金融债券,而政府当看到,银行陷入困境时,有查抄这家银行的倾向。
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In the United States, the central bank is called the Federal Reserve.
在美国,我们把中央银行叫做美联储
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You're the central bank lend us the money.
你是中央银行，借我们一些钱吧。
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The member banks just as with the Bank of England when they're in trouble they are supposed to be able to borrow money from the central bank.
会员银行，就像英格兰银行的会员银行一样,当它们陷入困境时,它们可以向中央银行借入货币。
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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。
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The central bank would ideally say no.
中央银行可以理想地拒绝。
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Inflation is the most important thing according to many views because the Fed has to guarantee the soundness of the money supply -- and there have been so many cases in history when the central bank allowed debasement of the currency through inflation.
通货膨胀是最重要的事情,根据很多观点,因为美联储必须保证,货币供应的稳固,并且在历史上有太多的例子,当中央银行允许,通过通货膨胀改造货币。
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What the government would do is send someone over to the central bank and say -just lend us the money.
政府会做的是,派遣一个人到中央银行说,嘿，-给我们-借我们一些钱，hey，expand--give，us–
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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。
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In the United States we did not have a central bank until 1913 when we created the Federal Reserve System.
在美国，我们直到1913年,创立了联邦储备银行制度。
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