People can't pay --they can't pay a high interest if they don't have it as a long-term loan.

如果银行不发放长期贷款,他们就不能够支付高额利息

耶鲁公开课 - 金融市场课程节选

I'll talk about this-- the company doesn't ever have to pay a dividend.

我来讲讲这个,公司不愿意支付股利

耶鲁公开课 - 金融市场课程节选

The critical thing about a discount bond is it pays no interest.

要记住贴现债券不支付利息

耶鲁公开课 - 金融市场课程节选

During the war the government needs resources; it's in trouble; it raises taxes to try to pay for the war but then it finds it unable to collect taxes well.

在战争期间，政府需要资源；,它处于困境之中；,它通过提高税收来为战争支付开销,但是它又会发现自己不能够很好的得到税收资金。

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

You want, if you are setting up an organization to hold real estate, you want to do it, if you can, as a DPP because you don't want to pay those taxes.

如果你要成立一个组织,来持有商业房产,那么你就尽可能选择DPP的形式,因为这样你就不需要支付利润税了

耶鲁公开课 - 金融市场课程节选