• Of course the price of gold never changed in the gold standard because that was the whole point of the gold standard that's if currency was convertible into gold.

    当然,在金本位制度中,金子的价格从来没有变过,因为这是金本位制度,的核心所在,如果货币能够与金子转换的话。

    耶鲁公开课 - 金融市场课程节选

  • The reason that countries dropped the gold standard was that under the effort to keep the currency convertible into gold they were worsening the depression of the 1930s.

    这些国家放弃金本位制度,的原因在于,伴随着保持,货币与金子的转换功能,三十年代的大萧条正在被加深。

    耶鲁公开课 - 金融市场课程节选

  • The old gold standard was supposed to maintain the convertibility of gold in currency but now we're not even backing it with currency anymore with gold anymore ? so what does it mean?

    旧的金本位制度目的在于,保持金子与货币的转换功能,但是现在我们甚至都,不用货币来支持它了,或是用金子,所以这意味着什么呢?

    耶鲁公开课 - 金融市场课程节选

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