This explains why the US dollar has not collapsed despite the announced printing of countless trillions by the US branch of the Federal Reserve Board.

这个解释了为何美国的美金并没有崩溃，尽管被宣布了的通过美国美联储分公司印刷的数以万亿的货币。

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In the US, a 12-member committee consisting of the seven members of the Federal Reserve Board and five of the 12 Federal Reserve Bank presidents.

美国的12人委员会，包括七名联邦储备局成员和12家联邦储备银行中的五名行长。

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The extraordinarily good performance of the US economy in recent years has owed much to new technology, as Federal Reserve Board chairman Alan Greenspan never tires of repeating - and to public confidence in that technology - hence the astonishing multiples at which many of the new tech companies still trade.

BBC: Oil: New rules of the trading game