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With the development of domestic economies, the foreign reserves of the non-international-currency- issuing nations rise sharply, pushing the liquidity preferences to reverse. And if the international-currency-issuing nations slide into recession, the best policy option will be to use the oligopolistic international currency system to compete for seignorage in order to sustain domestic economic development.

随着本国经济的发展,不掌握国际货币发行权国家的外汇储备快速增长,促使原本强烈的流动性偏好发生趋势性逆转,而此时如果掌握国际货币发行权的国家经济陷入衰退,其最佳的策略将转向利用寡头垄断型的国际货币体系来争夺国际铸币税以维持本国经济发展。

At the same time, the rising tide of Chinese nationalism and notions of self determination stoked the coals of war.

日本人发动这场战争的目的在于:通过这场战争,从政治和军事上控制中国,以确保日本帝国能拥有巨大的原材料和其他资源储备

Mr McDonough, a former president of the Federal Reserve Bank of New York, is a self-confessed realist.

麦克唐纳先生曾任纽约联邦储备银行行长,他自称是个现实主义者。

Indeed, the crisis may have spurred some countries to seek even more self-insurance in reserves and other forms of prudential saving.

确实,目前的危机也许会激发部分国家通过储备和其它形式的审慎储蓄方法寻求甚至更多的自我保护措施。

When emerging economies have reserves worth several hundred billion dollars each, the IMF could not possibly have provided a credible alternative to self-insurance with a kitty of no more than $250 billion.

如果每个新兴经济体都持有价值数千亿美元的储备,IMF就不可能在自我保险以外以仅仅2500亿美元的一笔资金提供一个可靠的选择。

So, while these resources have proved sufficient so far in this crisis, they may not be enough to reassure markets and members--particularly those emerging Asian countries that are accumulating reserves from a self-insurance motive--that this would necessarily be the case in future.

所以,虽然迄今为止的事实证明,这些资源在本次金融危机中是足够的,但这可能还不足以使市场和IMF成员国(特别是那些出于自我保险动机正在积累外汇储备的亚洲新兴经济体)确信,这些资源今后发生危机时也能满足需要。

Emerging market growth was buoyant, and self-insurance (in the form of large, growing reserve cushions) insulated many of them from the disruptions experienced by the US financial sector.

新兴市场强势增长,自我保险机制(体现为具有缓冲作用的、日益增长的巨额外汇储备)让很多新兴经济体免受美国金融业崩溃的影响。

With a diameter of 42 mm, the 18K 5N pink gold chronograph is equipped with a self-winding mechanical movement (Calibre 1137) and has a power reserve of approximately 40 hours.

直径42毫米的5N 18K粉红金计时腕表,采用1137自动上弦机械机芯,具备40小时动力储备

In the US, however, the Department of Agriculture has decided against allowing land to be released early from the Conservation Reserve Program that, similarly to the EU's set-aside, pays farmers not to plant on some of their arable land.

然而,在美国,农业部却反对过早允许从保护与储备计划中释放土地。这个计划类似欧盟的休耕补助规定:向农民提供补助,要求其不在其耕地上进行农业种植。

Dollar is THE reserve currency, but it has been shamefully abused by its custodians.

美元是国际储备货币,但是却被它的管理者们弄得很可耻。

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I didn't watch TV last night, because it .

昨晚我没有看电视,因为电视机坏了。

Since this year, in a lot of villages of Beijing, TV of elevator liquid crystal was removed.

今年以来,在北京的很多小区里,电梯液晶电视被撤了下来。

I'm running my simile to an extreme.

我比喻得过头了。