In short, if there's such a thing as a true price level, it cannot be altered by expensive goods anymore than cheap imports can drive it down.
概而言之,如果存在一个真实的物价水平,则无论价格昂贵的商品还是廉价的进口都不可能给它带来必然的改变。
The level of spreads is particularly significant because private-equity groups have been arbitraging between the debt and equity markets, using cheap debt to buy companies.
息差的水平特别显著是因为私人股份集团已经在债务工具市场和股票市场之间进行套利, 通过使用债务工具借入资金去收购公司.
These are reasonably cheap, often generic, pharmaceuticals that, although they do not cure someone, do lower the level of the virus in his body to the extent that he suffers no symptoms.
虽然这些价格低廉的非专利药品无法治愈患者,但可降低患体病毒活性,使感染者免遭病痛之苦。
I would be careful and not have all your money invested in stocks. I would look at a lot of these distressed debt--some of the distressed debt that has gone down. I don't know if you understand that but some of the debt that--even bank debt, which is the highest level, I think, has become very cheap.
我会非常的小心,不会把你们的钱全部都,投在股票上,我会寻找一些,不良债务--一些不良债务的价格已经下跌了,我不知道你们是不是理解这些东西,但一些债务--即使是银行债,它们的保险级别较高,我觉得,价格都已经很便宜了。
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