He had published the "General Theory of Employment, Interest and Money" the year before.

VOA: special.2011.05.01

Why don't I lend some of it out and I can earn interest on the loan and make money.

为什么我不贷一部分出去呢,这样我就可以通过贷款赚利息了

耶鲁公开课 - 金融市场课程节选

It used to be that people would hide money in their house and it would frequently get stolen and it didn't earn any interest.

过去人们往往是将钱藏在家里,经常被盗不说,还没有任何利息收入

耶鲁公开课 - 金融市场课程节选

"And the question is how much interest there really will be and how much money there might be, at least from the outside.

VOA: standard.2010.06.18

If it turns out that they're money good, you get your interest and you get $1 for every $.85 that you invested in a few years.

如果市场证明它们确实是优良资产,那么几年后你就能获取利息,每85美分可以获利1美元利息

耶鲁公开课 - 金融市场课程节选

Even though the deposits are short-term and the depositor can get the money at any time, the depositor is earning interest of a level that can only be made on long-term loans.

即使是短期存款,存款人可以随时取走存款,存款人也可获取仅从长期贷款中,才可得到的利息水平

耶鲁公开课 - 金融市场课程节选

Then later on,whenever you want, you can take your money out Meanwhile, they invest the deposits some way or another at a higher interest rate than they pay on the deposits and they make the difference and that's how they make a profit.

然后你什么时候需要你就可以把钱取出来,同时储蓄机构以比给你的利息,更高的利息储蓄,或者投资，这就出现了差价,这就是储蓄机构盈利的方法。

耶鲁公开课 - 金融市场课程节选

It used to be that the government didn't let banks pay more than a certain amount on their deposits and that helped protect banks because then they didn't have to compete to pay high interest rates -then be incentivized to make risky loans to try to make money with those high interest rates.

在这之前,政府不允许银行对存款,支付超过一定数量的利息,那样做是为了保护银行,因此他们不必争相,去支付高额利率...,因为在高利率支付下银行会倾向于,发放高危贷款以获取利润

耶鲁公开课 - 金融市场课程节选