Today the Fed is essentially the architect of America's money policy.

今日，美联储已成为美国货币政策最主要的制定者。

Most people believed Van Buren was responsible for their troubles because he continued the hard money policies of former president Andrew Jackson.

大多数人认为范布伦应对他们的麻烦负责， 因为他延续了前总统安德鲁杰克逊的硬通货政策。

As time passed, businessmen began to see that the Bank of the United States was being much tighter in its money policy than was necessary.

随着时间的推移，商人开始意识到美国银行的货币政策过于严格。

Some said it happened because American factories were producing more goods than people could use. Still others said the problem was caused by the government's money policy.

一些人说，这是因为美国工厂生产的商品超出了人们的使用范围。还有人说，问题是由政府的货币政策造成的。

The law had caused businessmen and investors to lose faith in the government's money policy. They were afraid their money would drop in value, as more silver money was put into use.

这项法律使商人和投资者对政府的货币政策失去了信心，他们担心随着更多的银币投入使用，他们的钱会贬值。