So, that's the whole idea of how banking got started, and how paper money got started, at least in the West.

这就是关于银行是怎么出现,和纸币是怎样出现的,至少在西方是这样

耶鲁公开课 - 金融市场课程节选

The following lecture will be about banking, the supply of money and the money multiplier.

接下来的课我们讲银行业,货币供应和货币乘数

耶鲁公开课 - 金融市场课程节选

Moreover they can also borrow from the Federal Reserve Banks when they're in trouble and need money and that's supposed to help prevent banking crises.

更多的是，当它们陷入困境,需要钱时可以,从联邦储备银行那里借钱,这样可以帮助阻止银行业危机的产生。

耶鲁公开课 - 金融市场课程节选

But eventually you have this bearer note that you start passing around to spend to other people and they start to think of them as money and that's the origin of banking.

但是最终，你持有这个不记名票据,并且开始将其流传到,别人手中,然后他们开始将其视为金钱,这就是银行业的起源。

耶鲁公开课 - 金融市场课程节选