And so the Federal Reserve System was organized in 1913.
于是在1913年组建了联邦储备系统。
They started the fractional reserve system which is the central feature of modern Banks.
理所当然地他们又开始建立起部分储备制度，而这一点正是现代银行的主要特征。
They still hold gold and right now the Federal Reserve System has about eleven billion dollars of gold.
他们仍然持有金子，并且现在，联邦储备系统拥有价值，一百一十亿美元的金子。
The Federal Reserve System ,or the Fed as it is usually called,is the fiscal agent of the United States .
美国联邦储备系统即平常称之为“联邦”的是美国财政机构。
The national oil strategic reserve system will be established to safeguard national energy security.
建立国家石油战略储备，维护国家能源安全。
The Federal Reserve System , or the Fed as it is usually called, is the fiscal agent of the United States .
美国联邦储备系统即平常称之为“联邦”的是美国财政机构。
In the United States this perfectly valid business practice is ratified by the Federal Reserve System.
在今天的美国，这一完全合法的商业活动已得到了美国联邦储备系统的批准。
Obviously the era of free banking had dragged too long before the Federal Reserve System came forth in 1913.
美国联邦储备系统1913年诞生之时，自由银行时代显然已拖得太久了。
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。
Tanaka: What is meant by the term Federal Reserve System? Is that the central bank of the United States?
田中：什么是美国联邦储蓄系统？它是美国的中央银行吗？
Tanaka:What E is meant by the term Federal Reserve System ?Is that the central bank of the United States?
田翞中：什么是美国联邦储蓄系统?它是美国的中央银行吗?。
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。
Tanaka: What % is meant by the term Federal Reserve System? Is that the central bank of the United States?
田翐中：什么是美国联邦储蓄系统？它是美国的中央银行吗？
Tanaka: What o is meant by the term Federal Reserve System? Is that the central bank of the United States?
田缡中：什么是美国联邦储蓄系统？它是美国的中央银行吗？
The Federal Reserve System includes 12 regional Federal Reserve Banks and 25 Federal Reserve Bank branches.
联邦储备系统包括12家地区性联邦储备银行和25家联邦储备银行的分行。
After Zhangbei earthquake in 1998, the reserve system of rescue materials was established in whole country.
1998年张北地震后，全国建立了救灾物资储备制度。
Thus, the setup of urban land reserve system has the certainty, which cannot be changed by human will power.
因此，建立城市土地储备制度具有不以人们意志为转移的必然性。
In the United States today this perfectly valid business practice is ratified by the Federal Reserve System.
在今天的美国，这一完全合法的商业活动已得到了美国联邦储备系统的批准。
Banker: That's right. Because these policies are set by the Board of Governors of the Federal Reserve System.
银行家：是的。因为这些金融政策由联邦储备系统委员会统一制定。
North's theories of Institutional Change can goodly explain the establishment of China's land reserve system.
用诺思的制度变迁理论可以较好地解释中国土地收购储备制度的建立。
The purpose of the paper is to contribute to implementation of land purchase and reserve system in small cities.
研究目的：为小城市实施土地储备制度提供有益借鉴。
Therefore, the establishment of urban land reserve system is not independent of man's will transfer inevitability.
因此，建立城市土地储备制度具有不以人们意志为转移的必然性。
The Federal Reserve System is analyzed, and advanced students are coached in the proper method of filling out a deposit slip.
分析联邦储备体系，高级学员得到指导如何正确填写一张存款单。
Student: I'm heard that there is the Federal Reserve System in the United State, would you tell me what functions it performs?
学员：我听说在美国有联邦储备系统，您能告诉我它有什么职能嘛？
So Banks that become a member of the Federal Reserve System get shares and they become Stockholders in the Federal Reserve bank.
所以，联邦储备银行的会员银行，得到股份并且在联邦储备银行成为股东，它们分得股利。
The conferees worked for a solid week at the plush Jekyll Island retreat, and hammered out the draft of the bill for the Federal Reserve System.
与会者们在人间胜地哲基尔岛上度过了扎扎实实的一周，敲定了建立美联储体系的法案草案。
Construction of urban emergency water source will be accelerated, so as to gradually form the national strategic reserve system of water resource.
加快建立城市应急备用水源，逐步形成国家水资源战略储备体系。
The Federal Reserve System has done a miserable job, with or without a gold standard, of providing the correct amount of currency for the economy.
联邦储备系统已经做了一个悲惨的工作，使用或不使用金标准，为经济提供了正确的货币量。
The Federal Reserve System has done a miserable job, with or without a gold standard, of providing the correct amount of currency for the economy.
联邦储备系统已经做了一个悲惨的工作，使用或不使用金标准，为经济提供了正确的货币量。
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