Relative to the whole market, It's well known that over periods of multiple decades the market has a tendency to go up.
是和整个市场相关的对吗,我们都知道经过几十年的时间周期,市场会有上涨的倾向。
And so there's an upward bias to the stock market, contrary to what you may have seen recently.
所以对股票市场来说是有一种上涨的倾向,这和你们最近看到的情况相反。
In the 1960s and 70s central banks around the world were inflating the currency.
在六十年代和七十年代,世界各地的中央银行,都在使货币上涨。
And so ,therefore if people want more houses in Dallas or Huston, the builders just build more houses, t rise.
所以说,如果在达拉斯和休斯顿要更多住房,建房者就建更多的房,房价不会上涨,and,the,prices,didn’
What caused it? It was caused maybe it's oversimplifying it it was caused by a change in our resolve to let's get inflation under control - and a willingness to accept the recession to stop the advance of inflation.
是什么引发了它,它是因为-也许过分的单纯化它,它是由于一个为了,让我们将通货膨胀控制在手中的解决方案,和一个接受经济衰退的愿望,结束通货膨胀的继续上涨所导致的。
应用推荐