看了几遍，还是有些不明白的地方:
1) "OTC products"和" CDSs"指的是什么?
2) "According to the Bank of International Settlements (BIS) the notional value of outstanding OTC derivatives was $1.144 quadrillion ($1,144,000,000,000,000) so they changed the method of valuation to values to maturity and took it from [that figure] to $700 trillion. This is the reason why QE must exist." - 是不是说有毒资产的黑洞比人们想象黑得多也深得多，所以要用QE来填补?
3) Debt monetization = Quantitative easing? - 这个DEBT是不是指两方面，一是政府入不敷出的财政赤字，二是金融危机衍生的有毒欠资? 债务货币化就是债务稀释化，这个过程由QE来实现? 债务货币终究要由黄金这真正的货币来衡量，这就是黄金上涨的基本面?
先谢了，周末愉快！:)
