How will we offset the reserve impact of PDCF loans?
我们应该怎样对冲定期债券借贷安排带来的储备金影响？
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Friedman (and coauthor Anna Schwartz) famously faulted the Federal Reserve for not printing enough new money in the early 1930s to offset the decline fueled by bank runs.
The bill specifies that the money will go to a reserve, which is essentially an accounting device to offset the cost of separate legislation aimed at promoting other sources of energy and efficiency.