When other countries must acquire your currency to trade, and must keep your money in reserve to protect the value of their own, your securities sell at a premium.
当其它国家必须用你的货币进行交易,必须储备你的货币以保护其本币价值时,你的证券就可以溢价销售。
2
Mr Buffett thinks this is still “very expensive currency” to acquire Cadbury, but as the amount of new stock is less than 20% of existing capital, Kraft no longer needs shareholder approval.