If you ask someone a couple hundred years ago ? what's the essence of a bank?

如果你问一个几百年前的人,银行的本质是什么？

耶鲁公开课 - 金融市场课程节选

Anyway, I want to start out with the most fundamental thing: what are banks?

无论如何,我想从最基础的东西开始,银行是什么

耶鲁公开课 - 金融市场课程节选

If you'll allow me I will talk first about just what is a central bank such as the Federal Reserve and what do they do.

如果可以的话，我将首先谈谈,中央银行到底是什么,比如说联邦储备局，还有他们都做什么。

耶鲁公开课 - 金融市场课程节选

Anyway, what is investment banking, which is the subject of this?

回归正题，什么事银行投资业务，它的主营业务是什么？

耶鲁公开课 - 金融市场课程节选

What do central banks do?

中央银行是做什么的呢

耶鲁公开课 - 金融市场课程节选

What is a bank?

什么是银行

耶鲁公开课 - 金融市场课程节选