Mervyn King, the governor of the Bank of England, will assume responsibility for the stability of the financial system and control of the credit cycle, while retaining power to set interest rates.

英格兰银行行长默文金，将会在保持设定利率权力的同时，为了金融体系的稳定而承担责任，并且控制信贷周期。

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That could keep any systemic risk from spinning out of control. The buck in this oddly roundabout system stops at the People's Bank of China.

有一个有利因素要考虑：从根本上说汇金是由中国央行支持的，这将使任何系统风险都受到控制，这一循环体系的责任最终将落在中国人民银行身上。

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The state controls most of the banking system, and has used this control to double the amount of bank lending in the first half of this year, as compared to 2008.

国家几乎控制了所有的银行系统，借此使银行贷款在今年上半年比起去年翻了一番。

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"I lost the throttle on turn nine which I was told was due to a failure on one bank of the control system, " Coulthard said when his race was over.

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On October 6, 2008, the Fed blew up its own monetary control system by starting to pay interest on bank reserves (IOR).

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It's a fractional reserve system with no reserve requirements and no central bank control.

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