English to Turkish Bus/Financial Finance (general) Para

Federal Reserve Notes ve Federal Reserve Bank Notes

İkisinin de karşılıklarını ayrı ayrı yazmam lazım.

Aradaki farkın ne olduğuna dair bir açıklamayı aşağıya kopyalıyorum. Yardımcı olabilecek bir bağlantıyı da sona ekliyorum.

"...Before we can discuss this we need to clarify the difference between Federal Reserve Bank
Notes and Federal Reserve Notes as these term are used above. In 1933, there was a clear
distinction between Federal Reserve Notes and Federal Reserve Bank Notes. At that time
Federal Reserve Notes were essentially a warehouse receipt for the gold you had deposited.
Present the Federal Reserve Note at any Federal Reserve Bank and reclaim your gold. The
Federal Reserve Bank Note is not a receipt for gold or anything of substance, it is currency.
In the language above we see that the issuance of these Federal Reserve Bank Notes will be
backed by any sound assets owned by the bank. Now what assets does the bank own?
Simple, the contractual loan obligations of course. They own indebtedness. They own
debt. In the time since 1933, these Federal Reserve Bank Notes have evolved to again be
called Federal Reserve Notes, but they are no longer representative of a 'gold deposit'. With
that clarified we may proceed..."

http://www.friesian.com/notes.htm

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