The miracles of the modern world weren't wrought by gold; they were wrought in large part by abstract money, because it has an attribute that gold can't mimic.

现代世界的奇迹很大程度上是由抽象货币铸造而成，与黄金无关。因为抽象货币有黄金无法复制的特征。

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In the world today, it’s not money that drags people into modern times, it’s people that drag money into modern times.

当今世界，不是金钱拖着人们进入了现代，而是人们拉着金钱进入了现代。

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In the modern world, we often take a shortcut and just assume that the central bank adjusts the money supply so as to achieve a target interest rate, in effect choosing a point on the IS curve.

在现代社会，我们通常为了简便而假设，央行为了达到一个目标利率而调整货币供给，实际上就是在IS曲线上选择一个点。

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History does have a way of repeating itself, so perhaps our papered money modern world will rediscover silver.

FORBES: History Says Silver Is Cheap

Not everyone sees the point of made-up money in the modern world.

FORBES: Funny Money

It would seem hugely more practical, in the modern world, for the government to extract money as precisely as it can from the rich and use the proceeds for the welfare of the poor.

ECONOMIST: A survey of Islam and the west