Europe's monetary system is falling apart.

欧洲的货币体制正在瓦解。

Take the monetary system.

以货币制度为例。

Will the international monetary system be anything like that of today?

国际货币体系是否还像今天一样？

The international monetary system is sliding towards a massive dollar block.

国际货币体系正成为一个巨大的美元集团。

Bitcoin is technically sophisticated. As a monetary system, it looks primitive.

比特币在技术上尚属先进，但作为一项货币制度，它看上去太原始了。

Should we fix the problem of QE2 by forming a new international monetary system?

如果我们有意见的话，可能最后还要归结到当前的国际货币体系是否存在问题，是否需要从这个角度来解决这个问题。

payment balances ,clean and dirty floats ,and the International Monetary System .

收支平衡、不受限制的和受限制的汇率浮动以及国际货币制度的材料。

The European Monetary System and the Exchange Rate Mechanism (ERM) are created.

1978年欧洲货币体系与汇率机制（ERM）创建。

Ms.Johnson and Mr.Black continue their discussion of the International Monetary System.

约翰逊小姐和布莱克先生继续讨论国际货币制度。

The dollar and treasury bonds and bills play a central role in the world monetary system.

美元、美国长期国债和美国短期国库券一直在世界货币体系中起关键作用。

With a sound currency, everyone is better off, not just those who control the monetary system.

一个稳健的货币将使所有人得益，而非仅仅是那些控制货币系统的人。

THIS week the Economist asked: "What should replace the Bretton Woods 2 monetary system?"

本周的《经济学人》问：“应该用什么来取代《布雷顿森林体系2.0版》？”

There is a strong need for a stable, predictable and more diversified international monetary system.

世界强烈需要一个稳定、可预测和更为多样化的国际货币体系。

But the euro experiment has also brought us to a crossroads in the whole international monetary system.

但欧元实验也把我们带到了整个国际货币体系的十字路口。

In recent years, the international monetary system failed to promote timely and orderly economic adjustments.

最近几年，国际货币体系未能推动及时有序的经济调整。

Righting them will require wholesale reform both of financial regulation and of the entire global monetary system.

修正这些缺陷就需要对金融管制和全球货币体系进行全面的革新。

The shape of any monetary system is constrained by what is often called the “trilemma” of international economics.

任何货币体系的框架经常受到国际经济学中所谓的三难选择限制。

The long-term strength of the dollar will only be weakened by maintaining the Fed's monopoly on our monetary system.

维持美联储对我们货币体系的垄断只会在长期内导致美元的削弱。

Mr.Tanaka and the American banker continue their discussion of the financial and monetary system of the United States.

田中先生和美国银行家继续他们有关美国金融和货币制度的讨论。

Even thepresident of the World Bank, Robert Zoellick, has just called for restoring arole for gold in the monetary system.

甚至连世界银行行长罗伯特·佐利克也呼吁在货币体系里重塑黄金的地位。

The dollar emerged at the center of the monetary system that took its name from the 1944 convention in Bretton Woods, N.H.

1944年，在美国新罕布什尔州布雷顿森林（ Bretton Woods N.H.）召开的会议确立了美元在以此地命名的货币体系中的中心地位。

Bob Dillon, a banker from the United States, is talking with a Japanese banker about the financial and monetary system in Japan.

来自美国的银行家鲍勃·狄龙正与一位日本银行家谈论日本的金融和货币制度。

That is because gold was once the linchpin of the global monetary system and is still seen by many as a hedge against inflation.

这是因为黄金曾是全球货币体系中的基石，而且至今仍被很多人看作是抵御通胀的保值工具。

While I generally understand the way foreign exchange markets work,I am not sure exactly what the International Monetary System is.

虽然我对于外汇市场的机制有了大概的了解，但是对于什么是国际货币制度这个问题还是不十分清楚。

A country that had just lost the trust of investors in its fiscal rectitude could scarcely build a credible monetary system from scratch.

一个仅仅在财政诚信方面失去投资者信任的国家可以勉强从头开始建立信用货币体系。

All told, the fear is that America's activism in fighting financial distress will create dangerous instability in the global monetary system.

一句话，人们害怕的是美国应对金融危机的激进做法会给全球货币体系带来危险的不稳定。

Iwao Tanaka, making his first business trip to the United States, is talking to an American banker about the financial and monetary system of the U.S..

田中岩夫第一次因公出差工到美国，他正在与美国的一位银行家谈到美国金融和货币制度。