多数时候，这一做法凭借金本位制度得以实现。

Most of the time, this was accomplished with a gold standard system.

youdao

所以，三十年代，金本位制度结束,每个国家都放弃使用它。

So the gold standard ended in the 1930s and every country dropped it.

youdao

这一机制是有效的，在它的作用下，金本位制度过去曾在整个欧洲运行。

It is also the effective mechanism by which gold standard systems have operated in the past, throughout Europe.

youdao

It was gradually adopted by other countries through time and the United States didn't officially adopt it until 1900.

随着时间的流逝，它渐渐被,其它国家所采用,美国直到1900年才正式采用金本位制度。

耶鲁公开课 - 金融市场课程节选

The United Kingdom was the prominent first case even though they had invented the gold standard hundreds of years earlier.

英国是著名的第一个放弃金本位的国家,即使它在几百年前,发明了金本位制度。

耶鲁公开课 - 金融市场课程节选

So central banks around the world began to manage became managers of inflation rather than defenders of a gold standard.

所以，世界各地的中央银行,开始管理，成为了通货膨胀的管理者,而不是金本位制度的守卫者。

耶鲁公开课 - 金融市场课程节选