由于黄金无法满足日常使用的需要,因此每个国家都会发行货币,并将货币与黄金挂钩,或者采取所谓的金本位制。
As there is not enough metal for everyday use, each nation issues currency and agrees to relate its currency to gold or to go on what is called a gold standard.
根据金本位制,如果黄金储备下降,央行应采取危机应对措施。
Under the gold standard, a fall in reserves would lead to the central bank taking crisis measures.
但在进行国际结算时,通用的金本位制将导致黄金在国家之间自由流通,以稳定各国货币与黄金的兑换比例。
But the idea of a common gold standard entails the free passage of gold from country to country in settlement of international balances, in stabilizing the world's moneys in terms of gold.
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