货币储备

There may well be problems with the current dollar standard that underpins the world's financial system.

以美元作为支撑世界金融体系的全球储备货币可能确实存在问题。

No: trouble was turned into catastrophe by the Federal Reserve, which botched monetary policy, tightening when it should have loosened, thus depriving banks of liquidity when it should have been pumping money in.

都不是这些：而是因为联邦储备系统的修正的金融政策把经济搞砸了，例如，政策上需要银根放松，它却收紧，因而当市场需要货币供应时，银行却没有流动的资金。

Since America is the world's largest economy, has the most liquid financial markets and operates the world's premier reserve currency, the Treasury bond has been seen as the global risk-free asset.

美国是全球最大的经济体，拥有流动性最强的金融市场，管理着全球最重要的储备货币，因此，美国国债已经被视为一项全球性的无风险资产。

Since America is the world's largest economy, has the most liquid financial markets and operates the world's premier reserve currency, the Treasury bond has been seen as the global risk-free asset.

自从美国成为世界最大的经济体，拥有着流动性最强的金融市场以及操控着世界首要储备货币以来，美国国库券被认为是全球最无风险的资产。

That's why when Zhou Xiaochuan publicly called in March for the U.S. dollar to be eventually replaced as the globe's reserve currency, the world took note.

正是因为这样的原因，当周小川3月份公开主张应结束美元作为国际储备货币的地位时，他引起了全世界的注意。

Undervalued exchange rate, massive external account surplus and rapid accumulation of foreign reserves.

在对外经济关系方面，两国都具备低估的货币、庞大的对外帐户盈余和外汇储备的迅速增长。

To protect its financial system stability, foreign investment and foreign currency reserve assets of the rights and interests, and China must work together to maintain the stability of the global financial system.

，以保护其金融体系的稳定，外国投资和外国货币的权利和利益的储备资产，以及中国必须共同努力，维护全球金融体系的稳定。

Such a trifecta rarely occurs but in retrospect it all made sense: a downgrade would cast a negative light on the world's reserve currency, and since stocks and bonds are only present values of a forward stream of dollar-denominated receipts, they went down as well.

虽然这种三重大奖很少发生，但是回想一下，它们都是可以理解的：评级调降将引发人们对世界储备货币的负面关注，而股票和债券价格只是以美元计价的票据未来收益的现值，所以它们也跌了。

However, Arvind Subramanian, an economist at the Peterson Institute for International Economics in Washington, DC, points out that China's ability to sustain its exchange rate stems in part from "financial repression and autocracy". When China sterilises the monetary impact of rising reserves, its central bank pays interest of only about 2% on the bills that domestic state-owned banks are forced to buy, considerably less than the interest it earns on American Treasury bonds.

然而，华盛顿哥伦比亚特区DC彼得森国际经济研究所的经济学家Arvind Subramanian指出，中国有能力维持其汇率制度，部分原因是其&金融抑制和集权统治&中国消除不断增加的外汇储备对其货币流通影响时，其央银发行的债券，其它国有银行必须购买，利息仅为2％，比其所购买的美国债券利息低得多。

In America the Federal Reserve opened the spigots, and the dollar's reserve-currency status gives the country unusual fiscal latitude.

美联储积极运作，以及美元的储备货币地位，使得美国拥有了不同寻常的财政自由度。

The dynamic variation in content of cndogenous abscisic acid,indoleacetic acid,gibberellinsand isopentenyladenodines of normal juvenilefruit and dropped fruit was measured with enzyme linked immunosorbent assayin the course of physiological fruit drop of 'Shuizhang Longan.

应用酶联免疫法测定了水涨龙眼生理落果期间正常幼果和脱落幼果中内源激素ABA、IAA、GAs及iPAs含量的变化。

Zillions of code examples on the web.

网上数量巨大的代码例程。