Some critics partly blame the crisis on Americans' low savings rate and high personal debt.

VOA: special.2009.04.10

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

耶鲁公开课 - 金融市场课程节选

The shortest term debt instrument in the United States is the Federal Funds Rate, which is an overnight rate--one day maturity-- and the longest issued by the Government is a thirty-year government bond, which will be repaid three decades in the future.

美国最短期的债券,是联邦基金利率,隔夜拆兑,一天到期,而时间最长的国债,是一种三十年期的政府债券,未来三十年才兑现

耶鲁公开课 - 金融市场课程节选