When business in the United States underwent a mild contraction in 1927, the Federal Reserve created more paper reserves in the hope of forestalling any possible bank reserve shortage.

当美国经济在忍受1927的紧缩时，联邦储备当局印制了更多的票据储备以期预防任何有可能出现的银行储备短缺问题。

youdao

Crudely put, the US possesses around one-fifth of the world's GDP, but its own paper provides around 75 per cent of the world's exchangeable currency reserves.

粗略说来，美国约占世界GDP的五分之一，但美国自己的报纸提供数据说：美国的可兑交的货币储备约占世界可兑交货币储备的百分之七十五。

youdao

This paper introduces the characteristics, reserves, productivity, consumption and perspective of high calorific value gas fuel, and introduces the nature gas, the coal bed gas and the gas-hydrate.

介绍了天然气、煤层气和天然气水合物的开发状况。讨论了高热值气体燃料的特点、储量、 产量、消费量和前景。

youdao

That is, China is using its paper reserves to buy real assets in the ground.

FORBES: China Goes After Gold And Oil

However, the monetary base consists not only of gold, but also of paper money and bank reserves created by the central bank.

FORBES: Stop The Madness: Make The Dollar As Good As Gold

As explained in this paper, the argument for paying interest on reserves is that it acts as a floor on money market interest rates and so reduces day-to-day volatility.

FORBES: Is the Fed Going to Go Bust?