• Then I'll take money out of your cash account and I'll put it into these securities.

    买的话我就从你的账户中取现,再存入证券账户中

    耶鲁公开课 - 金融市场课程节选

  • You get nineteen times your money over eighty-one years, but then if you take into account the inflation consumes a multiple of eleven and you're an institution like Yale that consumes only after inflation returns, putting your money into treasury bills really didn't get you very much.

    1年后你的钱翻了19倍,但是如果考虑通货膨胀,在此期间侵蚀了11倍的收益,而且如果你是像耶鲁这样,减去通货膨胀调整到实际回报后再论支出,那么将钱投资于短期国库券,不会让你赚得多

    耶鲁公开课 - 金融市场课程节选

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