So, that is Irving Fisher's diagram in a nutshell, but I think it's--so what does it say about the term structure?
以上是对欧文·费雪图表的概述,这个图怎样说明期限结构呢
Now, I want to talk about the term structure of interest rates and that's my next plot here.
接下来我要讲利率期限结构,下一张图是
If I told you that 'draw me a nucleotide from RNA that has ', you could go back to this picture and you could draw the whole thing.
如果让你找RNA中碱基是A的核苷酸,你可以看着这个图,就能找出其全部结构
He had a diagram, which illustrated what is the ultimate cause of interest, and it helps us to think about this diagram whenever we try to understand the term structure.
费雪教授用一张图,来解释决定利息的本质因素,每当我们试图理解期限结构时,就会用到这张图
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