The British Government issued those consols in the early 1700s and, while they were refinanced in the late nineteenth century, they're still there. If you want to go out and buy one, you can get on your laptop right after this lecture and buy one of them.
英国政府,在十八世纪初就推出了这份债券,当他们在十九世纪再融资的时候,公债仍然有售,如果你想去买一份的话,你可以在这堂课后用笔记本电脑,买一份公债
and get a great job, and buy a house, and meet a wonderful woman,
找一份好工作,买一套大房子,娶一个特别棒的妻子,
The price of a share is the price of the ownership of that earnings' stream If I buy a share I'm in with everyone else who owns the company and I have a claim on the earnings' stream, but the earnings' stream is a year-by-year thing.
每股价格是指,收入所有权的价格,如果我和其他股东一样买了一份股票,那么我就对收益有要求权,但收益是逐年计算的
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