In essence, asset securitization means transforming non-liquid assets into portfolios of high liquidity. Therefore, the topic on this is of great theoretical and practical significance.

资产证券化的实质就是将非流动性资产转换成高流动性的有价证券，该选题具有重大的理论和现实意义。

youdao

The asset side of the ledger would consist of gold and liquid, secure non-governmental financial claims.

FORBES: Recreating A Real Gold Standard