The other thing is moral hazard -this is that companies, once they borrow money from anybody, a bank or anyone else, they have an obligation, which is fixed in dollar terms.
另一个问题是道德风险,意思是说,一旦公司借了钱,无论是从银行还是其他渠道,他们就背负了一种义务,金钱的义务
like somewhere in some investment bank or something.
在投资银行或者什么地方。
So, they said, after this Act every bank has to choose one or the other.
所以根据他们说的,至此之后每个银行,都必须选择自己的经营方向。
In fact, our readiness and potential to experience happiness is mostly depended on our state of mind, not on our status, or the states of our bank account.
事实上,我们的准备和体验幸福的可能性,主要由我们的心境决定,不是我们的地位或银行账户状况。
If you take in more calories than you consume, it gets stored in the fat cells, that's the energy bank that you can draw upon if you don't have enough food and starvation or famine were an issue.
如果你摄入的热量超过消耗的,热量就会存储在脂肪细胞中,这就是能量库,你可以在,食物不够以及饥饿或饥荒的时候利用它
The occupation choices that they were allowed were: bank teller, sculptress, or something else.
可以选择的职业有,银行出纳,雕刻家,其他
One of the sentences that I'll repeat throughout the class is that happiness is much more contingent on our state of mind than our status or the state of our bank account.
有一句话我会在课程中经常引用,快乐由我们的精神状态而定,而不是社会地位或银行存款。
It says that you have to keep deposits with us here at the central bank; either that or else keep vault cash and show that you have it as reserves for your deposits.
它声明你必须在中央银行这里,付保证金;,要不那样做,要不就在金库中存钱,并且表明你把它作为,存款中的储备金。
What you could do hundreds of years ago-- and can still do it today-- was go to a bank and present this bond or IOU and say, "What will you give me for it?"
在数百年前你们能做的,在今天还是能够做到的就是,到银行出示这份合约或欠条,问,你们根据它能给我多少钱
If you go to a savings bank, or a savings and loan, or a commercial bank and you say, I want to open up a checking account--that's a deposit; or, I want to open up a saving account--that's a deposit.
如果你去一个储蓄银行或者商业银行,去储蓄或者贷款,你说,我想开个支票账户,这就是储蓄;,或者说我先开个存款账户,这就是储蓄。
For example, if Ford Motor Company wants to issue corporate bonds or they want to issue new shares they would go to an investment bank and the investment bank would say, okay we can underwrite for you, but we'll do it for you.
例如,如果福特汽车,想要发行公司股票或者募集新股,他们会去投行,然后投行的人会说,好的我们能帮你承销。
What they want to do is expand the actions of the Fed, so that they're not--you can describe the Federal Reserve or any central bank, traditionally, as a banker's bank the Bank of England was the first central bank and it made banks keep deposits at the Bank of England.
他们想做的是扩大政府对经济的调控范围,这样政府就能将联邦储蓄,或者其他中央银行变成银行的银行,英国银行是第一个中央银行,他使其他银行将钱存放在它这里。
Reserve requirements are like what the Bank of England did or the Suffolk Bank did long ago.
法定准备金率就像,英格兰银行做的那样,或是Suffolk银行之前做的一样。
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