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 gold standard was a success in the sense that the price of gold stayed constant because that's what the whole system was designed to do.
金本位制度是一个成功,因为金子的价值保持不变,并且这也是,人们当初对这设计整个系统的意图所在。
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。
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