VOA慢速英语2011--Gold Keeps Shining, 30 Years After Nixon

Economics Report - Gold Keeps Shining, 30 Years After Nixon Ended Gold Standard

This is the VOA Special English Economics Report.

这里是美国之音慢速英语经济报道。

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.

最好的事物范例通常被称为“黄金标准（在经济学中翻译成金本位）”，它为其它事物提供衡量标准。在经济学中，这个术语用于描述贸易大国曾经如何使用黄金设定货币价值和汇率。直到上世纪，还有许多国家继续奉行金本位。

In the United States, people could exchange paper money for gold from the eighteen seventies until nineteen thirty-three. President Richard Nixon finally disconnected the dollar from the value of gold in nineteen seventy-one. Some politicians from time to time call for a return to the gold standard.

19世纪70年代到1933年的美国，人们可以使用纸币兑换黄金。1971年，尼克松总统终于宣布美元脱离黄金价值。一些政治家不时呼吁恢复金本位。

But in nineteen seventy-eight the International Monetary 1 Fund ended an official gold price. The IMF also ended the required use of gold in transactions with its member countries.

但1978年国际货币基金组织终结了黄金官价（制度）。国际货币基金组织还同时不再要求其成员国之间使用黄金进行交易。

Since that time, gold prices have grown, but unevenly 2. Prices -- uncorrected for inflation -- are now at record highs. The current price is above fourteen hundred dollars an ounce.

从那时起，黄金价格开始上涨，但并非均衡上涨。未经过通货率修正的黄金价格目前处于历史高位。当前黄金价格超过了1400美元每盎司。

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

但人们仍不断购买黄金。Neang Chan Nuon是柬埔寨首都金边一家金店老板。

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."

Neang Chan Nuon：“一些顾客甚至购买了更多黄金，因为他们相信金价会涨到更高。我在当前高价下反而卖出了更多黄金。”

Some people are "gold bugs 3." These are investors 4 who say people should buy gold to protect against inflation.

有些人是“黄金信徒”。这些投资者认为人们应该购买黄金预防通货膨胀。

People have valued gold for thousands of years. The soft, dense 5 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.

几千年来人们都重视黄金价值。这种柔软、密度大的金属闪耀着亮黄色光芒，能抵抗大部分化学反应。这使它成为金钱和政治权力的良好材料 -- 最近还用于电子方面。如果你拥有手机、电脑一类的设备，线路板上就有少量黄金。

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

金本位是美国政治历史上最著名的一次演讲的主题。这次演讲发生在1896年芝加哥举行的民主党全国代表大会上。

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 nineteen twenty-one.

威廉·詹宁斯·布赖恩（William Jennings Bryan）希望美国同时使用黄金和白银作为货币。该想法是为了让美元贬值，从而使农民还贷更为容易。以下是很久以后的1921年，布赖恩再次朗读他的演讲。

WILLIAM JENNINGS BRYAN: "You shall not press down upon the brow of labor 6 this crown of thorns. You shall not crucify mankind upon a cross of gold."

布赖恩：“我们不该把带刺的王冠戴上劳动人民的额头，不该把人类钉在黄金的十字架上。”

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

这次演讲使得布赖恩声名鹊起，他三次作为总统候选人，但从未当选。