The Fed will also buy up to three hundred billion dollars of long-term Treasury bonds.

VOA: special.2009.03.20

Arthur Burns, chairman of the Fed, There's a big inflation run up to Richard Nixon's reelection in 1972.

亚瑟·伯恩斯，前美联储主席，当时出现了严重的通货膨胀,一直持续到1972年,理查德·尼克松连任总统。

斯坦福公开课 - 经济学课程节选

It's different from Fed policy in that they set up a certain amount of money and auction that off to the highest bidder.

这与美联储政策不同,因为他们设定了一定数量的连出价最高的投标者,都无法触及的货币拍卖。

耶鲁公开课 - 金融市场课程节选