I'll just take the remaining money and I'll put it in some lottery bet and one in three chance I'll have three million dollars.

我把剩余的钱全拿去买彩票,我有三分之一的机会赢得300万美元

耶鲁公开课 - 金融市场课程节选

You don't want--you know that you'd like to take money away from yourself in the high-outcome years and give it to yourself in the low-income years.

你不想...你知道,你想在高收入的年份中,拿出一点钱,给你自己低收入的年份

耶鲁公开课 - 金融市场课程节选

it was reversible, so you can give people money and take it away, and you could actually scale the amount of money, so it makes a very handy experimental tool.

这个过程是可逆的，这样你可以给人钱，然后拿走，而且你还可以积攒钱，这就让钱成为了一种非常有用的试验工具。

斯坦福公开课 - 7个颠覆你思想的演讲课程节选

You had to make--or your employer can do it for you-- they take the money to the post office and the post office would give you stamps.

你自己或者你的老板可以帮你-,将钱交到邮局,然后邮局把邮票给你。

耶鲁公开课 - 金融市场课程节选

They can't sell them to get money so the Fed is saying fine we'll just take those and we'll give you Treasury bills which are completely everyone trusts them.

他们不能够卖掉资产来获取金钱,所以美联储说，好吧，我们拿走你的资产,给你完整的国库券,每个人都相信他们。

耶鲁公开课 - 金融市场课程节选

It becomes an arm-twisting thing -because of this risk of moral hazard, the bank has a threat to take the money back and they are going to find out quickly if you, as a company, are behaving wrong.

这衍变成一种施压行为...,由于道德风险的存在,银行恐怕收不回欠款,因此,在你的公司行为不良时,他们便会迅速发现此事

耶鲁公开课 - 金融市场课程节选

You get nineteen times your money over eighty-one years, but then if you take into account the inflation consumes a multiple of eleven and you're an institution like Yale that consumes only after inflation returns, putting your money into treasury bills really didn't get you very much.

1年后你的钱翻了19倍,但是如果考虑通货膨胀,在此期间侵蚀了11倍的收益,而且如果你是像耶鲁这样,减去通货膨胀调整到实际回报后再论支出,那么将钱投资于短期国库券,不会让你赚得多

耶鲁公开课 - 金融市场课程节选