The trust fund holds Treasury bonds; when these are redeemed, the needed cash can be raised only by borrowing, taxing, or cutting other programs.

信托基金持有国债，当其被赎回时，所需的现金只能通过借征，税收或是削减其他项目来增加。

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And buyers of index-linked bonds have protection against deflation, since they will always be redeemed at their face value or higher.

买入指数关联型债券可以防止缩水，因为总是能够以面值甚至更高值赎回。

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And buyers of index-linked bonds have protection against deflation, since they will always be redeemed at their face value or higher.

买入指数关联型债券可以防止缩水，因为总是能够以面值甚至更高值赎回。

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