Because while a central bank-issued digital currency may help reduce payment friction,it doesn't ultimately address what it takes to become a global reserve currency.
他们想拿这种新货币取代美元作为全球储备货币。
And that they would use this new currency to REPLACE the US dollar as the global reserve currency.
我建议用名为“纸黄金”(p-gold)的全球储备货币替代目前的国家储备货币。
I propose replacing thesystem of using national currencies as reserves with a global reserve currency called paper gold(p-gold).
长期以来,美联储独立性是美国金融体系的支柱,也是美元能成为全球储备货币的原因之一。
The Fed's independence has been a mainstay of the US financial system andis one of the reasons the dollar is the global reserve currency.
事实上,自文艺复兴以来的每个世纪,全球储备货币都在发生变化。
In fact, about every century or so since the Renaissance, the global reserve currency has shifted.
这就是各国的短期国内和长期国际目标之间的矛盾,这些国家的货币充当了全球储备货币。
The dilemma is conflicting economic interests between short-term domestic andlong-term international objectives for countries whose currencies serve as global reserve currencies.
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