He urged revival of the slave-trade in the late 1850s, and he developed a theory of what he called warranteeism--w-a-r-r-a-n-t-e-e-I-s-m.
他促成了十八世纪五十年代后期,奴隶交易的复苏,还自己发明了一套理论,名为抵押品主义
The collateral could be a number of things including mortgages--securitized mortgages that are risky and dangerous assets.
抵押品可是很多种东西,包括抵押贷款-证券化按揭贷款,这种有风险的,危险的资产。
The Fed is effectively just saying we'll take those assets as collateral for loans to you.
美联储有效率地说,我们将把那些资产视为你们贷款的抵押品。
What the Fed said it would do is announce an auction of so many billion dollars of loans to member banks and the banks have to supply collateral to the Federal Reserve.
美联储声明的它会做的事是,举行一场对,会员银行发放几十亿美元贷款的拍卖会,条件是这些银行必须,给联邦储备银行提供抵押品。
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