These shortages cause the bank procyclicality which will enhance the macroeconomic fluctuation and have an influence on the financial system stability.

并且这些缺点导致商业银行亲周期性的重要原因，而银行的亲周期性又会加剧宏观经济的周期性波动，威胁金融体系的稳定。

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Unlike today, these rock-bottom yields were not obtained by every sort of central bank manipulation imaginable, but reflected the long history and expectation for monetary and macroeconomic stability that the gold standard system provided.

FORBES: The 1870-1914 Gold Standard: The Most Perfect One Ever Created