Iceland may be the world's hardest hit: Last fall, three big Banks, or virtually the entire banking system, collapsed, and the island's currency went into free fall.

冰岛遭受的冲击可能也是全球最为沉重的：去年秋天冰岛三大银行宣布破产，几乎整个银行体系崩塌，该国货币也急剧下挫。

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Horned herds are a status symbol, a way of storing wealth in a land without a banking system, and the main currency in which dowries are paid.

有角的畜群是身份的象征；是一个没有银行系统的土地上，积攒财富的方式；也是嫁妆的主要组成部分。

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Poland's banking system is solid, being largely unburdened by the rotten foreign-currency loans made in places such as Hungary and Latvia.

波兰银行体系也十分稳固，基本上没有受到匈牙利、拉脱维亚等地外汇贷款坏账的影响。

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The asset expansion has produced a sharp rise in bank reserves, and hence the monetary base, which is composed of bank reserves and currency outside the banking system.

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This conundrum may also be viewed in terms of the significance of the behavior of the monetary base, which is a combination of bank reserve deposits at the Fed (both required and excess) and currency outside the banking system.

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Of course Iceland has been in the news recently because of the meltdown of its banking system and its currency.

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