Liquidity and credit suddenly become scarce and a devastating, value-destroying uncertainty takes hold.
一夜之间,流动性和信用就变成稀缺资源,取而代之的是严重且破坏价值的不确定性。
2
And so they began looking for a new model, one that leveraged the power of the Internet without the value-destroying side effects of the Web.
于是他们开始寻找一种新的模式,在不会损害网络价值的前提下利用互联网的能量。
3
An audit would make people realize that, while Bernie Madoff defrauded a lot of investors for a lot of money, the Fed has defrauded every one of us by destroying the value of our money.