The Federal Reserve, virtually in total control of the nation's vital monetary system, is accountable to nobody-and this strange situation, if acknowledged at all, is invariably trumpeted as a virtue.

美联储，作为一个事实上控制着整个国家货币系统的机构，不用对任何人负责——而这个奇怪的情形，即使被某些人所承认，却一直被那那些人鼓吹为一种美德。

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When phase 2 of the system becomes operational later in 2011, it will provide a total of up to 20 megawatts of reserve capacity.

当2011年晚些时候系统二期投入运行时，它将提供至多20兆瓦的预留容量。

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It analyzed the largest bank holding companies in terms of total assets according to the National Information Center, a repository of financial data and institution characteristics collected by the Federal Reserve System.

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Many of us learned in economics 101 that banks create money by depositing the proceeds of a loan in the borrower's checking account, but the total money created is controlled by central banks through the minimal reserves that banks must maintain with them, the fractional reserve system.

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