金平价未能在经济萧条时期得已持续。

The gold standard failed to outlast the Depression.

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尽管通胀十分严重，许多国家恢复了战前的金平价。

Despite high inflation in the meantime, many countries restored their pre-war gold parities.

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由于汇率不必由黄金平价决定，前者可以通过降低利率来刺激消费。

Freed from the need to uphold a gold-price parity, these countries could lower interest rates and so stimulate spending.

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