我们信任央行不会降低货币的价值。
如果我们信任一个软件就应该信任他的制造者。
If we are going to trust software, we must trust the people who build it.
我们信任央行能够实现目标,我们信任央行不会每次一旦有利就变更目标。
We trust the central bank to deliver on their target, and we trust them not to shift the target each time it becomes expedient.
So you have some asset that nobody trusts the U.S. Federal Reserve will take it on.
所以,我们有了一些没有人信任的资产,美联储将其承担下来。
Now, assuming that we trust the government-- I think the U.S. Government has never defaulted on its debt-- we'd take that as a riskless return.
假设我们信任政府-,假设美国政府从未拖欠债务-,可以把它当作无风险回报。
We cannot trust all people, Aristotle seems to say.
我们不能信任所有的人,亚里士多德似乎这么说。
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