The principle advanced is simple: the same dollar bill, used twice, is as effective as two individual dollar bills; the same amount of gold reserve has done twice the work.
其实原理非常简单:同样一张一美元钞票,使用两次之后,便具有相当于两张一美元的效力;相同数量的黄金储备发挥了两倍的作用。
In recent weeks, international gold prices have blazed a record-breaking trail on concerns about the declining strength of the dollar as the world's reserve currency.
近几周,由于作为世界储备货币的美元走低,国际黄金价格打破记录,持续走高。
The gold stock of the Fed should be revalued upward so that the gold can pay off all the Fed's liabilities—largely Federal Reserve Notes and Federal Reserve deposits, at 100 cents to the dollar.
美联储的黄金储备应该被重新评估,抬高金价以偿还美联储的所有债务——主要是联邦储备券和存在联邦储备银行里的存款,以能够百分之一百偿还美元为准。
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