-
The Fisher example, not literally an example he
-
gave, but similar to one he gave.
-
So he said, "All right, what happens in this economy?
-
Let's just be very commonsensical.
-
What we need to find out now is financial equilibrium,"
-
so financial equilibrium is much more complicated seeming
-
than we had before, because we care about the
-
prices.
-
So now I'm going to use (q) for prices, a q for contemporary
-
prices, q_contemporary,
-
so the price you pay today to get the apple today.
-
q_2 is the price you pay next year to get the apple next year.