The Federal Reserve System is accountable to no one; it has no budget; it is subject to no audit; and no Congressional committee knows of, or can truly supervise, its operations.
这就是美联储系统，这个系统不对任何人负责，没有预算，也不接受审计，国会里没有任何一个委员会能够知道或者说监管它的运作。
So Banks that become a member of the Federal Reserve System get shares and they become Stockholders in the Federal Reserve bank.
所以，联邦储备银行的会员银行，得到股份并且在联邦储备银行成为股东，它们分得股利。
They still hold gold and right now the Federal Reserve System has about eleven billion dollars of gold.
他们仍然持有金子，并且现在，联邦储备系统拥有价值，一百一十亿美元的金子。
So that's the Federal Reserve System. Incidentally there are twelve Banks and there are twelve districts.
所以，这就是联邦储备金系统，顺便提一句，这里说道有十二个银行和十二个区域。
You see, this is what the whole Federal Reserve System was designed to do.
你看，这就是联邦储备系统被设计用来做的事情。
The conferees worked for a solid week at the plush Jekyll Island retreat, and hammered out the draft of the bill for the Federal Reserve System.
与会者们在人间胜地哲基尔岛上度过了扎扎实实的一周，敲定了建立美联储体系的法案草案。
Obviously the era of free banking had dragged too long before the Federal Reserve System came forth in 1913.
美国联邦储备系统1913年诞生之时，自由银行时代显然已拖得太久了。
In choosing the topic for this year's symposium — maintaining stability in a changing financial system — the Federal Reserve Bank of Kansas City staff is, once again, right on target.
在变化的金融体系中维护持稳定，选择这样一个题目作为年会主题，再次表明联储堪萨斯行目标正确。
Yes, the Federal Reserve will continue to pump money into the financial system.
毫无疑问，美联储将会继续把海量的资金投入到金融系统中去。
One thing that's been a trend around the world is that the I mentioned that the U.S. Federal Reserve System was different from other central Banks in that it was designed to have independence.
一个在世界范围内，流行的事实是，我提到过美国联邦储备系统，与其他中央银行不同，因为它有独立自主性。
The views expressed are solely those of the author and do not necessarily reflect those of the Federal Reserve Bank of Richmond or the Federal Reserve System.
本文观点只代表作者个人，与里士满联邦储备银行或联邦储备体系都无必然联系。
Tanaka:What is meant by the term Federal Reserve System ?
田 中：什么是美国联邦储蓄系统？
The Federal Reserve System , or the Fed as it is usually called, is the fiscal agent of the United States .
美国联邦储备系统即平常称之为“联邦”的是美国财政机构。
The Federal Reserve System ,or the Fed as it is usually called,is the fiscal agent of the United States .
美国联邦储备系统即平常称之为“联邦”的是美国财政机构。
In the United States we did not have a central bank until 1913 when we created the Federal Reserve System.
在美国，我们直到1913年，创立了联邦储备银行制度。
The real difference between Federal Reserve Bank System of 1913 the most important difference and the Federal Reserve System of today is that we are no longer on the gold standard.
913年的联邦储备银行系统与，当今的联邦储备银行系统之间3，不同点在于，最重要的不同点，我们不再以金本位为基础了。
The Federal Reserve System has added $10, 000of securities to its assets, which it has paid for, in effect, by creating a liability on itself in the form of bank reservebalances.
联储的资产增加了一万美元，而且它已经付过钱了，而这也实际上在其银行资产负债表中增加了相应数量的负债。
Are set forth in detail in the regulations of the Federal Reserve System.
在联邦储备系统中的规定十分详尽。
Speculation on real estate heated up when Federal Reserve System (chaired by Alan Greenspan) implemented the low interest rate policy in 2001 as an anti-recession stimulant.
美国联邦储备系统(由格林斯潘主持)在2001年实施的反经济衰退的低利率政策，使房地产投机活动升温。
Banker: That's right. Because these policies are set by the Board of Governors of the Federal Reserve System.
银行家：是的。因为这些金融政策由联邦储备系统委员会统一制定。
Student: I'm heard that there is the Federal Reserve System in the United State, would you tell me what functions it performs?
学员：我听说在美国有联邦储备系统，您能告诉我它有什么职能嘛？
Tanaka: What % is meant by the term Federal Reserve System? Is that the central bank of the United States?
田翐中：什么是美国联邦储蓄系统？它是美国的中央银行吗？
Tanaka:What E is meant by the term Federal Reserve System ?Is that the central bank of the United States?
田翞中：什么是美国联邦储蓄系统?它是美国的中央银行吗?。
Tanaka: What o is meant by the term Federal Reserve System? Is that the central bank of the United States?
田缡中：什么是美国联邦储蓄系统？它是美国的中央银行吗？
In the United States today this perfectly valid business practice is ratified by the Federal Reserve System.
在今天的美国，这一完全合法的商业活动已得到了美国联邦储备系统的批准。
The Federal Reserve System was a gold standard institution like the Bank of England.
当时的联邦储备系统是一个，像英格兰银行一样的金本位制度的机构。
The Federal Reserve System was a gold standard institution like the Bank of England.
当时的联邦储备系统是一个，像英格兰银行一样的金本位制度的机构。
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