来自《耶鲁大学开放课程：金融理论 第5集 第5集》

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  prices to be one.
  我们可以设其为1
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  He had to add another theory of money and how many dollars were
  需要引入其他理论
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  floating around in the economy to explain q_2.
  用经济中货币的保有量解释q_2
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  This theory won't explain it.
  费雪的理论不解释q_2
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  So it does not explain inflation, and it does not
  总之这个理论不适用于
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  explain who holds which stock, and so it does not explain the
  通胀 也不适用于
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  nominal rate of interest.
  解释名义利率
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  It does not explain i, the nominal rate of interest,
  不解释名义利率i
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  because 1 dollar, who knows what 1 dollar's going to be worth.
  没人知道一美元会值多少钱
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  It depends on how much inflation we have.
  这取决与通胀
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  But it does explain the real rate of interest.
  但是费雪理论解释实际利率
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  It does explain r, and that's the variable that
  解释r