part of your apple, do something with it.

他们的苹果呢拿它做点别的事吧
That's why it's supposed to stimulate demand and activity

这是就为什么它被认为可以刺激需求
today.

和经济活动
So the point is, that's how you calculate the

关键是你怎么计算
real rate of interest and shockingly it's negative and

实际利率而惊讶地发现它是负的
it's hardly ever negative, but it can be negative.

它很少是负的但是它的确可以为负
Are there any questions about this no arbitrage business?

对于无套利经济有什么问题吗
All right, so let's do one more trick here, a Fisher thing.

好让我们再看看一个技巧 Fisher的东西
So let's go back to the equilibrium with q_1 =

我们回到q1等于一q2等于一
1 and q_2 = 1.

的均衡点上
Suppose China offered to lend money, lend us dollars at a 0

假设中国提供零利率
percent interest?

的贷款