He anticipated this power much as his father, a reasonably well-to-do banker, might have anticipated long-term earnings from a particularly risky business venture.

他预测到他的力量，正如他的父亲，一个相当富有的银行家，能够预测到从一笔风险高的生意中,能获得多少长期利益一样。

耶鲁公开课 - 弥尔顿课程节选

As a result, people invest in banks -the stock of banks -because they understand that these people have a long-term relationship with business and they are immune from the adverse selection.

结果呢,人们就会投资于银行,即购买银行的股票,因为他们知道,银行家和企业界保持着长期的关系,他们可以免受逆向选择之害

耶鲁公开课 - 金融市场课程节选

Your banker understands that your business can't pay the money back and that the bank has a reputation in the community of helping business people, so they won't ask for the money even though it's a short-term loan that they made to you.

他会理解,你的公司可能无法还钱,在业界里银行向来,有帮助企业家的美名,所以他们不会要求你还钱,即使他们借给你的是短期贷款

耶鲁公开课 - 金融市场课程节选