• They can't sell them to get money so the Fed is saying fine we'll just take those and we'll give you Treasury bills which are completely everyone trusts them.

    他们能够卖掉资产来获取金钱,所以美联储说,好吧,我们拿走你的资产,给你完整的国库券,每个人都相信他们。

    耶鲁公开课 - 金融市场课程节选

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