In the 1960s and 1970s, when interest rates crept steadily upwards and prices sagged, bonds were dubbed "certificates of confiscation".
20世纪60和70年代，利率平稳，物价下降，债券有个“没收凭证”的绰号。
In the 1960s and 1970s, when interest rates crept steadily upwards and prices sagged, bonds were dubbed "certificates of confiscation".
20世纪60和70年代，利率平稳，物价下降，债券有个“没收凭证”的绰号。
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