if you know the whole economic system,

如果你知道整个经济体系
how to solve for equilibrium.

如何解决均衡
To figure out from the primitives of people's tastes,

从人们的基本口味
their impatience, the technology, the economy,

他们的急躁情绪技术经济
how to figure out the real rate of interest if provided there is no uncertainty in the world

假定没有不确定性如何找出利息
and people can forecast what is going to happen later.

人们可以预测会有什么事情发生后
We've found that once you've done that,

我们发现一旦你做到了
the price of every asset,

各种资产价格
if people are rational and looking forward to the future,

如果人是理性的并期待未来
the price of every asset is going to be the present value of the future payments of the asset.

各种资产价格将是资产的未来付款的现值
So if you think of the payments as real payments

所以如果你考虑真正的支付价格
which is what Fisher always recommended,

也就是Fisher所推荐的