当世界上流通的货币是金币和银币时，根本不存在货币问题。货币问题只是在世界抛弃金银本位制之后才出现的，那时殖民主义国家发明了殖民主义的经济和金融模式，以巩固它们对世界的统治。它们把货币当作殖民的工具，抛弃了金银本位，转而采用其他本位制，把银行存款和不以金银为基础的强制性纸币视为货币。它们开始根据自身利益操纵世界货币，从而制造了货币危机和经济问题。它们大量发行强制性纸币，造成货币的严重通货膨胀，从而导致货币购买力下降。这一切都是因为抛弃了金银本位。
When gold and silver were the currency circulating in the world, there were no currency problems at all. Currency problems did not arise except after the world abandoned the gold and silver system when the colonialist states invented colonialist economic and financial styles to consolidate their dominance over the world. They took currency as a means of colonisation and abandoned the gold and silver standard. They changed currency to other standards in which they gave consideration to bank deposits and compulsory currency that does not depend on gold and silver as currencies. They started to play with world currency according to their interests thus creating currency crises and economic problems. They increased the issuing of compulsory currency which created great inflation in currency, thus leading to decline in the purchasing power of currency. All this is due to abandoning the gold and silver standard.
金本位与银本位是消除当前货币问题以及席卷全球的严重通货膨胀的唯一可靠原则。它将带来货币稳定，使汇率保持稳定，并推动国际贸易的发展。这是因为金银本位具有诸多经济优势，例如：
The gold and silver is the only standard principle of eliminating this currency problems and the severe inflation which has spread throughout the world. It would create currency stability and steadiness in the currency exchange prices and advance of international trade. This is because the gold and silver standard bears numerous economic advantages such as:
1. 黄金和白银作为商品，其世界产量取决于勘探和开采的成本，以及人们对它们的需求与对其他商品和服务的需求之比较。这并不会像纸币（货币）本位制那样，使世界的货币供应听凭殖民主义国家摆布。在纸币本位制下，各国可以随心所欲地将货币投放到市场上，每当想要改善与其他国家的货币和收支平衡时，便通过增印（货币）的方式来实现。
1. The world production of gold and silver as commodities depends on the costs of exploration and mining, and the demand for them against the demand for other goods and services. This does not make the providing of currency to the world at the mercy of the colonialist states as is the case in the paper (currency) standard, a matter which enables states to place currency in the markets as they wish through the method of printing more (currency) whenever they wished to improve the currency and payments balance with other states.
2. 黄金和白银不会像纸币那样使世界面临流通货币意外增加的风险，因而赋予货币稳定和平稳的特性，并增强人们对货币的信心。
2. The gold and silver does not expose the world to unexpected increase in the circulating currency as it happens with paper currency, thereby giving currency the attributes of steadiness and stability, and increasing confidence in it.
3. 金银本位制包含一种机制，能够在无需中央银行干预的情况下自发地调节国与国之间支付的失衡，这与今天世界货币之间汇率出现失衡时的情形相似。一国进口超过出口，会使另一国收到的该国货币增多，同时黄金和白银流向国外。这将导致国内物价下降，使国内商品比进口商品更便宜，最终使进口减少。此外，如果支付失衡持续下去，该国将担心其黄金和白银储备流失。
而在纸币制度下，每当国家的支付平衡受到扰乱时，国家便会诉诸印刷纸币，因为对这种发行并没有任何限制，从而导致通货膨胀加剧，货币购买力下降。至于金银本位制，只要纸币能够按特定价格兑换成黄金和白银，国家就无法随意增加纸币的发行量。这是因为国家担心发行增加会导致对黄金的需求增长，以至于其无法满足这一需求，或者黄金外流，从而使国家失去其储备。
3. The gold and silver standard includes a measure for adjusting the imbalance in the payments between countries spontaneously without intervention by the central banks, as happens today whenever an imbalance occurs in the exchange price between world currencies. Increase of imports over exports in a State will increase the other State’s receipt of the state’s currencies and the outflow of gold and silver abroad. This will lead to a decrease in prices domestically, making domestic goods cheaper than the imported ones and resulting in decreasing imports ultimately. Furthermore, the state will fear the loss of its reserves of gold and silver if the imbalance of payments continued.Whereas, in the paper system, the State would resort the printing of paper currency whenever its payments balance is disturbed, for there is no restriction on such issuing, thereby leading to an increase in inflation and a reduction of the purchasing power of currency. As for the gold and silver standard, the State does not have the ability to increase the volume of currency paper as long as this currency paper can be transformed into gold and silver at a particular price. This is because the State fears that increase in it’s issuing can lead to increase in demand for gold such that it becomes unable to meet this demand, or gold flows abroad, thus the State loses its reserves.
4.因为黄金是国家无法操控的货币单位，这使它具有很大的优势：无论国内货币数量多少，只要它与市场所需的货币交换相匹配，就足够了，因为所有商品都以它来定价并进行交换。因此，其他商品的产量会增加，价格则会下降。而在纸币本位制下，货币增加并不会产生这样的结果，反而会降低货币的购买力，从而导致通货膨胀。由此可见，金银本位制能够终结通货膨胀，而纸币本位制只会使其恶化。
4. Since gold is a currency unit that States can’t dominate, this gives it a great advantage in that any quantity of currency in the state is sufficient for what the market needs of currency exchange whether it is a little or a lot, since all goods are priced in exchange with it. So the production of other goods will increase and prices will decrease. Whereas, in the paper standard the increase in currency does not result in this. Rather it leads to reducing the purchasing power of currency, thus leading to inflation. This demonstrates that the gold and silver standard is the one that will put an end to inflation, whereas the paper standard makes it worse.
5. 金银本位制的特点在于，不同国家货币之间的兑换价格是固定的，因为每种货币都以特定重量的黄金和白银来计价。因此，世界实际上最终会形成一种货币，即金银，尽管各国货币名称不同。这样，世界各国之间将实现自由贸易，货物和财富也能自由流动，从而消除硬通货和硬币方面的问题，推动国际贸易的发展，因为兑换价格固定，商人便不必担心拓展国际贸易。
5. The gold and silver standard is characterised by the fact that the exchange price between different national currencies is fixed since each currency is valued by specific units of gold and silver. Hence the world will eventually have one currency in reality, of gold and silver, even though the currencies differ. The world will then enjoy free trade and movement of goods and wealth between different world States, eliminating the problems of hard currency and coins, thereby advancing international trade, as traders will not fear expanding into international trade as the exchange price is fixed.
6. 金银本位制将为每个国家保全其金银财富。这样，金银就不会从一个国家走私到另一个国家。国家也无需监管本国金银的安全，因为金银只会作为商品的价格或支付给雇员的工资而流动，不会以其他方式流出。
6. The gold and silver standard will preserve for each country its gold and silver wealth. Thus the smuggling of gold and silver from one country to another will not arise. The State would not need to supervise the protection of its gold and silver as they will not move out except as prices for goods or wages paid to employees.
所有这些益处都可以在单一金属本位制下实现，无论是金本位还是银本位，或者是金银复本位。此外，复本位制扩大了金属基础的规模，从而使货币总供应量增加，使国家能够轻松满足人们对货币的需求。这带来了更大的灵活性，并使货币单位的购买力和物价水平在更大程度上趋于稳定。
All these benefits are realised in a uni-metallic standard, whether gold or silver, or a bi-metallic standard of gold and silver. Moreover, the bi-metallic standard increases the size of the metallic principle which will result in greater total supply of currency, thus enabling the State to easily meet people’s need for currency. This generates greater flexibility and makes the purchasing power of the currency unit and the level of prices favourably disposed to an even greater degree of stability.
这些是金银本位制的优点与益处。然而，它并非没有问题：世界垄断、关税壁垒、金银大量集中于超级大国和生产能力强、在国际贸易中相互竞争的国家的金库中，以及智能科学家、专家和工程师的问题，同时这些国家又采用强制性纸币制度，而非金银本位制，因此金银本位制也会因这些原因而产生问题。
These are the merits and benefits of the gold and silver standard. It is not free of problems resulting from world monopoly, customs duty obstacles, concentration of the greater quantity of gold and silver in the treasuries of the super powers and the States which have high production capability and competition in international trade, intelligent scientists, experts and engineers, and because they adopt, at the same time, compulsory paper currency system instead of the gold and silver standard.
为了使采用金银本位制的国家能够克服这些障碍和问题,尤其是在世界超级大国和对国际贸易有影响力的国家继续遵循金银原则以外的其他政策的情况下,它们必须走自给自足的道路。因此,它们必须减少进口,并努力以自己所拥有的商品来交换所进口的商品,而不是用黄金和白银进行交换。它们还必须努力以所需的商品、黄金和白银,或进口商品和服务所需的货币来出售自己的商品。
In order that the States adopting the gold and silver standard be able to overcome these obstacles and problems, particularly if the world super powers and the States with influence on international trade continued to follow other than the gold and silver principle, they must proceed along the policy of self-sufficiency. Thus they have to reduce their imports and work to exchange the goods they import with their own goods they have rather than with gold and silver. They must also endeavour to sell their goods for the goods they need, or with gold and silver, or the currency they require to import their goods and services.
此外，实行金银双本位制的国家应当避免将金币单位与银币单位之间的兑换比率固定为一个恒定值。相反，它们应当任由兑换比率随市场价格变动而变化，因为若将两种单位之间的兑换比率固定下来，那么市场价值超过其法定价值的货币单位就会从流通中消失。这样只会剩下价值较低的那一种货币单位，因为劣币会把良币逐出流通领域。
Moreover, the country following the bi-metallic principle gold and silver should avoid fixing a constant exchange rate between the gold and silver units. They have rather to leave the exchange rate, proceed with the change of prices, because fixing a constant exchange rate between the two units will result in the disappearance from circulation of the currency unit whose market value exceeds its statutory value. This will leave only the cheaper currency unit, because the cheaper currency drives away the valuable currency from circulation.
