The Fed again did like what it's doing now; it rescued this company called Long Term Capital Management.
政府现在在做的和那次的很相似;,政府挽救了一种企业叫做长期资本管理公司。
being an entrepreneur is a pretty high risk thing to do.
做一名企业家是个风险极高的事情。
So here's the other issue, there's a price in this market, we might want to think of as the kind of focal price as an interesting price, and that's the price at which, the price I would choose were I the monopolist.
另外一个问题是,市场中有一个价格,可以理解为一种焦点价格,一个有趣的价格,这个价格是,我作为垄断企业时所选择的价格
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