In order to keep the currency convertible, they had to keep interest rates high to prevent people from demanding to exchange the gold.

为了保持货币的转换性，他们不得不将利率提高，以防人们向他们索求金子的兑换。

youdao

The country's currency, the dong, is not convertible and people do not trust it, preferring us dollars or gold.

这个国家的货币，越南盾，是不可兑换的，而越南人民也不相信它，他们更喜欢美元或者黄金。

youdao

But for most of American history, dollars have been convertible into gold or silver.

但是在美国历史的大部分时间里，美元早已经可以兑换成黄金或者银了。

youdao

In order to keep the currency convertible they had to keep interest rates high to prevent people from demanding the gold.

为了保持货币的转换性,他们不得不将利率提高,以防人们向他们索求金子的兑换。

耶鲁公开课 - 金融市场课程节选

Of course the price of gold never changed in the gold standard because that was the whole point of the gold standard that's if currency was convertible into gold.

当然，在金本位制度中,金子的价格从来没有变过,因为这是金本位制度,的核心所在,如果货币能够与金子转换的话。

耶鲁公开课 - 金融市场课程节选

The reason that countries dropped the gold standard was that under the effort to keep the currency convertible into gold they were worsening the depression of the 1930s.

这些国家放弃金本位制度,的原因在于，伴随着保持,货币与金子的转换功能,三十年代的大萧条正在被加深。

耶鲁公开课 - 金融市场课程节选

The right believes in free markets: low tax rates, a stable (ideally gold convertible) dollar, free trade, mild regulation.

FORBES: Not Default, Growth: Wall Street, Main Street And Even Washington Gets It Now

Under the classical gold-coin standard (1717-1914) private banks and central banks alike issued currency convertible into a fixed weight of gold, with balance sheets consisting primarily of gold coins and short-term loans denominated in local (but gold-convertible) money.

FORBES: Gold, Reagan and the Reds: From Degraded Dollar to Downgraded Debt

Then, the convention was that currencies were freely convertible not to gold but to other currencies that were themselves theoretically convertible to gold (read: the dollar and sometimes the pound).

FORBES: The Claims Against Gold Still Aren't Sticking