We're left with the central banking institutions that are now functioning without convertibility to gold.
我们现在与那些,现如今运行时没有金子转换功能,的中央银行机构打交道。
you know, people dressed in gold and things like that, pretending to be kind of statues
人们穿上金色的服装和类似的东西,假装是一尊雕像,
It was supposed to maintain the convertibility of the currency into gold.
它的作用在于保持,货币与金子间的转换。
Milton wants to arrive in Bethlehem to hand Christ his poem before the wise men are able to bring their gold and their frankincense and their myrrh.
他想到达伯利恒把他的诗歌亲手交给基督,在术士们拿走他们的黄金,乳香精油和没药树之前。
First is that we have this mono layer of gold particles. So let's see if Professor Drennen is able to help us out here.
是如何做的,我们等会儿会自己做这个实验,我会问你们一些问题。
But, the famous experiment is attributed to the use of gold.
但是那个著名的实验中,提到的金属是金。
This is good news to win an Olympic gold medal.
这是个好消息。
This is very important,which is why I am doing it: "If we want to know how fast a human being can run, then it is no use to average out the speed of a "good sample" of the population; it is far better to collect Olympic gold medal winners and see how well they can do.
这话非常重要,是我作这个研究的原因:,“如果想知道人类最快能跑多快,那从好的样本中测出平均数是“,没用的;,而应该收集田径类奥运冠军的信息,看他们能跑多快。
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。
So central banks around the world began to manage became managers of inflation rather than defenders of a gold standard.
所以,世界各地的中央银行,开始管理,成为了通货膨胀的管理者,而不是金本位制度的守卫者。
You still have to hide the note from theft, but at least you don't have to hide a whole bunch of gold from theft.
你仍然需要小心藏好票据防止被偷走,但是至少你不用,再藏一堆金子了
He said to the dentist just out of curiosity can you tell me what the price of gold has ? what it's been doing lately?
他对牙医说,只是出于好奇,你能告诉我金子的价钱是多少吗,最近价格怎么样?
It used to be backed by gold.
过去它被金子支持。
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。
It used to be that there was zero inflation if you define it with respect to gold and they were really true to that zero inflation in terms of gold.
如果你用金子来定义它,那从来没有过通货膨胀,这是事实,就金子而言没有过通货膨胀。
It's an underworld filled with gold that a brigade of fallen angels begins to extract with spades and pick axes.
在这个地狱一群堕落天使们可以拿着铲子和锤子,挖取地下的金矿。
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