Question about inline nested jQuery template

http://api.jquery.com/category/plugins/templates/

by abernier

HTML

<script src="http://ajax.microsoft.com/ajax/jquery.templates/beta1/jquery.tmpl.min.js"></script>

JavaScript

$.tmpl('<div>Hello <ul>{{tmpl(persons) "<li>${name}</li>"}}</ul></div>', {persons: [
    {name: 'Tom'},
    {name: 'Fred'}
]}).appendTo('body');