黄金债券
- 网络gold bond;yellow back
黄金债券
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(参见《沃伦•巴菲特:股票为什么跑赢黄金和债券》)。
( see Warren Buffett : why stocks beat gold and bonds . )
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最根本的是,美国将在两年时间里逐步取缔纯粹的自营交易活动通过此类交易,银行可以利用自有资金从事任何交易,从黄金到希腊债券。
Most fundamentally , the practice of pure proprietary trading whereby banks bet their own money dealing in anything from gold to Greek bonds is being outlawed in the US within two years .
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由于黄金、政府债券和外汇不是完全的替代物,中央银行可以考虑把公开市场业务与外汇业务和适当的黄金业务结合起来,以获得理想的货币政策效果。
Since gold government bonds and foreign exchange are not the complete substitutes , central bank can combine the open market operation ( both in government bonds market and foreign exchange market ) with moderate gold market operation , which may lead to a more satisfactory monetary policy effect .