Eartha
Member
- Joined
- Oct 8, 2009
- Member Type
- Student or Learner
- Native Language
- Chinese
- Home Country
- China
- Current Location
- China
Dear all,
What's the logic in the underlined sentence?
Thanks in advance.
In 2008, the Fed broke out other tools at its disposal to try to open up the country’s credit market. Those tools included buying Treasury bonds to prop up investment in the federal government and buying up loans that private entities had made so they could make new loans without being overburdened with debt.
What's the logic in the underlined sentence?
Thanks in advance.
In 2008, the Fed broke out other tools at its disposal to try to open up the country’s credit market. Those tools included buying Treasury bonds to prop up investment in the federal government and buying up loans that private entities had made so they could make new loans without being overburdened with debt.