There have been fundamental changes through time that make the role of the central bank evolve and change through time.

试图保持系统的稳定,随着时间的发展，基本的改变发生,使得中央银行的角色演变。

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Instead of having a central bank we decided that there would be a list of banks called the National Banks.

与拥有一个中央银行不同的是,我们决定将很多银行归到,国家银行的行列中。

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The central banks still exist so you still have the Bank of France the Deutsche Bundesbank etc.

中央银行仍然存在,所以我们现在仍然有法国银行,德意志银行等等。

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The central bank posts an interest rate that is the rate at which these member banks can borrow.

中央银行设定一个利率,这个利率是这些会员银行可以借进的利率。

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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。

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That's why we need independence of the central bank; we want to have a central banker that can say no to the government.

这就是为什么我们需要独立自主的,中央银行；,我们希望有一个可以对政府说不得,中央银行家。

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The government can't kick the central head- head of the central bank out for failing to offer them loans when they want it.

政府不能因为当它需要资金时-,中央银行的首领没有给予它贷款,而解雇他。

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In Japan in 1997 the government of Japan granted the Bank of Japan independence like the U.S. central bank.

在1997年，日本政府批准了,日本银行像美国中央银行一样拥有自主权。

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What Paulson wants to do is make that official that the Fed is no longer just a central bank; it's a market stability regulator.

鲍尔森想做的就是使各级政府,以及联邦政府不再单单是个中央银行;,而是市场稳定的监控者。

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The Bank of England was founded in 1694 and that was the world's first central bank.

英格兰银行成立于1694年4,并且它是世界上第一个中央银行。

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It was something like a central bank but it was different essentially in that the National Banks really didn't have authority to run monetary policy.

它像是个中央银行,但是在本质上不同,因为国家银行真的,没有什么权力运行货币政策。

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So the central bank would print up notes and give it to the government and the government would start spending it on the war.

于是，中央银行会印制钞票,并将其交到政府手中,之后政府开始,将其用到战争开销中。

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The thought was that the central bank is guarding the money stock and governments have a tendency to sometimes want to raid the bank when they're in trouble.

观点是,中央银行在保护金融债券,而政府当看到,银行陷入困境时,有查抄这家银行的倾向。

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In the United States, the central bank is called the Federal Reserve.

在美国,我们把中央银行叫做美联储

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If you'll allow me I will talk first about just what is a central bank such as the Federal Reserve and what do they do.

如果可以的话，我将首先谈谈,中央银行到底是什么,比如说联邦储备局，还有他们都做什么。

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You're the central bank lend us the money.

你是中央银行，借我们一些钱吧。

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