Civil wars are so costly that well-timed military actions are quite likely (though not certain) to be cost-effective.
内战的代价如此高昂,因此,适时的军事行动很可能是成本有效的(尽管这不是必然的)。
The point here is that we only have zero rates at the short end, and it’s possible, though not certain, that you can get at least some traction by buying those longer-term bonds.
其关键是我们只在短期这一头是零利率,那么,有可能,虽然不能肯定,你通过购买这些长期债至少得到一定的拉动力。
The point here is that we only have zero rates at the short end, and it's possible, though not certain, that you can get at least some traction by buying those longer-term bonds.
其关键是我们只在短期这一头是零利率,那么,有可能,虽然不能肯定,你通过购买这些长期债至少得到一定的拉动力。
Shielding is the term that's used, it brings up a certain image in our mind, and even though that's not precisely what's going on, it's a very good way to visualize what we're trying to think about here.
它带给我们一个确定的画面,虽然那不够精确,但当我们尝试去考虑它的时候,它确实是一种很好,的形象化的方式。
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