That's a brilliant market timing device that-- I think enlightened people thought that those prices were getting high-- and also made some play on credit spreads and now on real estate, he said.

这个决策的市场时机非常正确,有见识的人都觉得,那时网络股的价格太高了,他们也参与了信用利差交易,现在又转向了房地产

耶鲁公开课 - 金融市场课程节选

I think that the issue there then is that the price is too high for the good,

我觉得问题在于物品的价格太高，

不能非法下载 - SpeakingMax英语口语达人

Maybe it's a tradition, maybe it's to keep the value kind of in a familiar range or a small-- they don't want them to get too expensive because people can't-- small investors can't afford them anymore.

也许是传统使然,也许是为了将价值维持在一个惯常的小区间内,他们不想让价格升得太高,因为人们,小投资者无法承担过高价格

耶鲁公开课 - 金融市场课程节选

And notice that if Pepsi has priced above the monopoly price, suppose Pepsi has priced this good so high that it's above the monopoly price, then, as the gentleman said, I can capture the whole market by pricing just below Pepsi.

注意如果百事设定的价格高于垄断价格,假设百事把价格定得太高了以至于,高于垄断价格,那么像那位先生说的,我可以用低于百事的价格来占领整个市场

耶鲁公开课 - 博弈论课程节选

The general view is that if it's not extreme the rise is not too extreme it's good for the health of the economy as long as we don't have inflation that's too high.

一般的观点是如果它不极端,价格提升不太严重的话,只要我们没有太高的通货膨胀,它就对经济有好处。

耶鲁公开课 - 金融市场课程节选