[21] 货币中心银行(MONEY CENTER BANK)是指规模大、业务广、在国际市场占有一席之地并在世界主要金融中心设有机构的银行,在美国专指花旗、摩根大通等大银行–译者注。
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它们绝对没有担保货币中心银行所冒的风险。
And they definitely didn't guarantee the risks the money center Banks took.
理查德。布特里克的问题:货币中心银行冒了什么风险?
QUESTION FROM RICHARD BUTRICK: What risk did the money center Banks take?
中心城市储备银行可以在自身黄金储备基础上金字塔式增加纸币和存款总额,而在他们的信贷扩张基础上,会对货币总量产生一个多重倒金字塔式叠加效应。
The central reserve city Banks could pyramid notes and deposits on top of gold, and thereby generate multiple inverse pyramids of monetary expansion on top of their own expansion of credit.
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