And the intermediation process in both cases would no longer have liabilities, which have to be completely safe, completely liquid.

在这两种情， 介过程将不再有负债，负债必须是完全安全， 完全流动。

Over the weekend, our correspondents learned that FTX had less than $1bn in liquid assets and 9bn in liabilities.

周末，我们者了解到， FTX 流动资产不到 10 亿美元， 负债不到 90 亿美元。

As part of efforts to tame inflation, the central bank last year began quantitative tightening, letting a fixed number of maturing bonds roll off its balance-sheet each month, removing liquidity from the banking system.

作为抑制通胀努力分，央行去年开始实施量化紧缩，每月从资产负债表上滚出固定数量到期债券，从而消除了银行体系流动性。