Now, the interest rate in Irving Fisher's world has to equate supply and demand in the market for debt.
在费雪的理论里,利率必须与,债券市场的供需关系保持平衡
Supermarkets, as we saw in Wise Blood, are already something one can be fond of, as Enoch was.
超级市场就像我们在《智血》里看到的,已经是,可以被人喜欢的东西了,就像伊诺克。
We're going to talk about both the housing market and the stock market in these different books.
在这几本书里,我们都会提到房地产市场和股票市场
How in this game do I "get out of the market?"
在这个博弈里要怎么做以便退出市场呢
But the very, sort of, nature of being an institution constrains almost everybody whether it's, in our case, all our investors have thirty-day liquidity.
但是,投资机构的本质在一定程度上束缚了,它所处市场里的每一个人,在我们的案例中,我们所有的投资者都拥有强大的现金流。
For every dollar that you had in small stocks at the peak of the market, by the end of 1929, you lost 54% of your money.
崩盘前市场达到峰值时,投在小盘股里的每一分钱,到了1929年底,都会损失54%
In recent years, there have been more examples of things that are priced too high than things that are priced too low but there are both and the market makes mistakes in both directions.
在最近的几年里,有更多的例子表明,市场价格是偏高了而不是被偏低了,但是其实两种现象都存在,同时市场也在两个方向上都犯了错误。
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