Subprime borrowers seem to be the ones who are being really hit with new ideas.

次级借款者是,金融创新的牺牲品

耶鲁公开课 - 金融市场课程节选

The history of financial innovation is always that the organizations adapt to crisis.

历史上的金融创新基本上都是,组织机构对危机的一种适应

耶鲁公开课 - 金融市场课程节选

Banks respond to these pressures by coming up with all kinds of creative instruments, re giving permissions to take..

银行迫于压力,开发了,多重创新金融产品，政府允许他们，they’

斯坦福公开课 - 经济学课程节选

A lot of financial innovation is co-evolved with information technology.

许多金融创新,都和信息技术密切相关。

耶鲁公开课 - 金融市场课程节选

They didn't think of financial inventions as worthy of patents.

他们认为金融创新算不上什么专利。

耶鲁公开课 - 金融市场课程节选

Again, I'm repeating a theme that is in my book, New Financial Order, that financial innovation and insurance innovation is a succession of inventions and each invention propels the idea more forward.

我要再一次强调我的《金融新秩序》,这本著作的主题之一就是,金融创新与保险创新,是前后相继的一系列创新活动,每一步创新都推动着保险理论向前发展

耶鲁公开课 - 金融市场课程节选

So financial inventions also involve experimentation.

金融创新也会涉及实验

耶鲁公开课 - 金融市场课程节选