Just has indicates the New deal, the new deal, most of the key people in new deal were for big government intervention, long before there was a stock market crash.
就像新政所证明的一样,大多数起草新政的关键人物,都赞成大规模政府监管,早在股票市场崩盘之前他们就这样想了。
That's a pretty big hit on the stock market.
这对股票市场来说是相当大的冲击
And let me use a big Q to be the total quantity produced-- sorry--the total quantity demanded in the market.
用Q代表总产量,对不起,是市场总需求量
The other thing that I mentioned last time was that there seems to be a really big difference between the expected return on the stock market and the expected return on short-term debt.
上节课提到的另一条内容是,股票市场的预期收益,与短期债券的预期收益,存在着巨大差异
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