Substitution in example sentence

The massive substitution of reserves for longer-term securities during the period of “quantitative easing,” and of Treasury bills for long-term securities in Operation Twist, has succeeded in reducing long-term interest rates.

More example sentences with word substitution

If you live in a community with Suboxone or methadone, you may get on a substitution program.

But our fantasies of substitution have cost us.

It's called harm reduction, and it involves, among other things, providing clean needles and syringes, offering opioid substitution therapy and other evidence-based treatments to reduce drug dependence.

We go forward to 2007, not only had the world's stock of data exploded, but there'd been this massive substitution of digital for analog.

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