So we start with base money and then we'll have what's called M-1, which includes cheque accounts, demand deposits of banks … and then M-2 which will include some savings deposits, some time deposits.
首先是基本货币供应量,其次是所谓的M-1,货币供应量之一,包括支票帐户、银行的活期存款等等。 然后是M-2,货币供应量之二,包括一些活期储蓄帐户和定期存款。 。
I'm not talking about investment banks in this lecture -I'm talking about commercial banks, which accept deposits from depositors.
这节课不讲投资银行,只讲商业银行,商业银行从储户那里吸收存款
In addition to commercial banks--well, I'm not going to talk about investment banks here; that's another lecture.
除了商业银行之外...,我不会在这里讨论投资银行,这是另一节课的知识
There are different kinds of banks today -I'm going to jump to modern times.
今天则有不同形式的银行出现,我直接跳到现代的部分讲解
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