English 中文網(wǎng) 漫畫網(wǎng) 愛新聞iNews 翻譯論壇
    中國網(wǎng)站品牌欄目(頻道)
    當(dāng)前位置: Language Tips > Special Speed News VOA慢速

    Gold keeps shining, 30 years after Nixon ended gold standard

    [ 2011-04-15 13:57]     字號 [] [] []  
    免費(fèi)訂閱30天China Daily雙語新聞手機(jī)報:移動用戶編輯短信CD至106580009009

    Gold keeps shining, 30 years after Nixon ended gold standard

    This is the VOA Special English Economics Report.

    The best example of something is often called the "gold standard." It sets the standard against which other things are measured. In economics, the term describes how major trading nations once used gold to set currency values and exchange rates. Many nations continued to use the gold standard until the last century.

    In the United States, people could exchange paper money for gold from the 1870s until 1933. President Richard Nixon finally disconnected the dollar from the value of gold in 1971. Some politicians from time to time call for a return to the gold standard.

    But in 1978 the International Monetary Fund ended an official gold price. The IMF also ended the required use of gold in transactions with its member countries.

    Since that time, gold prices have grown, but unevenly. Prices -- uncorrected for inflation -- are now at record highs. The current price is above 1,400 dollars an ounce.

    But people keep buying. Neang Chan Nuon is a gold shop owner in the Cambodian capital, Phnom Penh.

    NEANG CHAN NUON: "Some of my customers have even bought more as they believe the price will probably go higher. I sell more gold at these higher prices." Some people are "gold bugs." These are investors who say people should buy gold to protect against inflation.

    People have valued gold for thousands of years. The soft, dense metal polishes to a bright yellow shine and resists most chemical reactions. It makes a good material for money, political power -- and, more recently, electrical power. If you own a device like a mobile phone or a computer, you might own a little gold in the wiring.

    The gold standard was the subject of one of the best-known speeches in American political history. It took place at the 1896 Democratic National Convention in Chicago.

    William Jennings Bryan wanted the country to use both gold and silver as money. The idea was to devalue the dollar and make it easier for farmers pay their debts. Here is Bryan reading his speech much later, in 1921.

    WILLIAM JENNINGS BRYAN: "You shall not press down upon the brow of labor this crown of thorns. You shall not crucify mankind upon a cross of gold."

    The speech made William Jennings Bryan famous. He was a presidential candidate three times. But he never won.

    And that's the VOA Special English Economics Report, written by Mario Ritter. I'm Steve Ember.

    Related stories:

    費(fèi)玉清豪擲3億投資黃金店面 被爆身家超20億

    福布斯虛擬人物富豪榜 唐老鴨舅舅居首

    德國推出黃金自助售賣機(jī)

    顧嚴(yán):近年國際黃金價格狂升探秘

    (來源:VOA 編輯:崔旭燕)

     
    中國日報網(wǎng)英語點(diǎn)津版權(quán)說明:凡注明來源為“中國日報網(wǎng)英語點(diǎn)津:XXX(署名)”的原創(chuàng)作品,除與中國日報網(wǎng)簽署英語點(diǎn)津內(nèi)容授權(quán)協(xié)議的網(wǎng)站外,其他任何網(wǎng)站或單位未經(jīng)允許不得非法盜鏈、轉(zhuǎn)載和使用,違者必究。如需使用,請與010-84883631聯(lián)系;凡本網(wǎng)注明“來源:XXX(非英語點(diǎn)津)”的作品,均轉(zhuǎn)載自其它媒體,目的在于傳播更多信息,其他媒體如需轉(zhuǎn)載,請與稿件來源方聯(lián)系,如產(chǎn)生任何問題與本網(wǎng)無關(guān);本網(wǎng)所發(fā)布的歌曲、電影片段,版權(quán)歸原作者所有,僅供學(xué)習(xí)與研究,如果侵權(quán),請?zhí)峁┌鏅?quán)證明,以便盡快刪除。
     

    關(guān)注和訂閱

    人氣排行

    翻譯服務(wù)

    中國日報網(wǎng)翻譯工作室

    我們提供:媒體、文化、財經(jīng)法律等專業(yè)領(lǐng)域的中英互譯服務(wù)
    電話:010-84883468
    郵件:translate@chinadaily.com.cn
     
     
    精品国产v无码大片在线观看 | 最近2019好看的中文字幕| 无码中文字幕乱在线观看| 久久亚洲中文字幕精品有坂深雪| V一区无码内射国产| 一本色道无码不卡在线观看| 人妻少妇久久中文字幕一区二区 | 中文无码伦av中文字幕| 中文在线天堂网WWW| 18禁免费无码无遮挡不卡网站| 人妻少妇看A偷人无码电影| 性无码专区| 精品无码AV一区二区三区不卡| 亚洲啪啪AV无码片| 成人无码免费一区二区三区| 精品久久久久久久中文字幕 | 欧美一级一区二区中文字幕| 在线观看无码AV网站永久免费 | 乱人伦人妻中文字幕无码| 色窝窝无码一区二区三区| A级毛片无码久久精品免费| 日韩欧美中文字幕一字不卡 | 最近2022中文字幕免费视频| 最近2019中文免费字幕在线观看| 国产网红主播无码精品 | 狠狠精品久久久无码中文字幕| 中文字幕无码av激情不卡久久| 成?∨人片在线观看无码| 免费无码中文字幕A级毛片| 无码精品日韩中文字幕| 无码人妻精品一区二区三区99仓本 | 亚洲精品一级无码中文字幕 | 2022中文字幕在线| 波多野结衣中文在线| 亚洲欧美日韩中文字幕一区二区 | 中文字幕乱码无码人妻系列蜜桃 | 在线精品无码字幕无码AV| 无码不卡av东京热毛片| 中文字幕乱码无码人妻系列蜜桃 | 日韩精品无码一区二区三区免费| 亚洲AV无码一区二区三区DV|