And so we were in business, but we have the classic Marxian profit realization crisis, the profit wasn't in liquid currency, our profit was in 50 computers sitting in the corner.

我们就样做起了生意，不过却碰到了马克思主义利润实现危机，我们的利润不是流动资本，而是堆在角落的50台电脑。

And it's the difference between markets that are frozen up, and liquid flows of capital into new opportunities for investment.

就是冻结的市场和流入新的投资机会的流动资本之间的区别。

Some observers see merely a surge in innovative firms meeting demand from fluid capital markets.

观察家认为，创新公司的激增只是为了满足流动资本市场的需求。

Older men, men of long standing in the town, men of far greater wealth — realised and turned into land, while his was all floating capital, engaged in his trade — looked to him for prompt, ready wisdom.

年长的，在城里久负盛名的，富有得多的——变现并变成土地，而他的全部是流动资本，从他的贸易——向他寻求迅速、现成的智慧。

This feedback loop has been helped by trillions of dollars worth of liquid capital that has accumulated around the world leading to stretched valuations from investors who don't want to be left out of the party.

个反馈循环得到了全球积累的数万亿美元流动资本的帮助，导致投资者不愿错过场盛宴，从而出现了估值过高的情况。

But though the whole expense of maintaining the fixed capital is thus necessarily excluded from the neat revenue of the society, it is not the same case with that of maintaining the circulating capital.

但是，虽然维持固定资本的全部费用因此必然被排除在社会纯收入之外，但与维持流动资本的情况不同。

In this case an excess of saving over investment would be the same thing as an undesigned increment in the stock of unsold goods, i.e. as an increase of liquid capital.

在种情况下，储蓄超过投资与未售出商品库存的意外增加是回，即流动资本的增加。

The fluid capital of the South, money and credit, was in the same prostrate condition as the material capital.

——南方的流动资本， 货币和信贷，与物质资本处于同样的倒伏状态。

But though the circulating capital of every individual makes a part of that of the society to which he belongs, it is not upon that account totally excluded from making a part likewise of their neat revenue.

但是，虽然每个的流动资本构成他所属社会流动资本的部分，但并不因此而完全排除在他们的净收入中同样构成部分。

It is an advantage of the concepts of user cost and supplementary cost that they are as applicable to working and liquid capital as to fixed capital.

使用成本和补充成本概念的个优点是，它们既适用于固定资本，也适用于营运资本和流动资本。

The circulating capital of a society is in this respect different from that of an individual. That of an individual is totally excluded from making any part of his neat revenue, which must consist altogether in his profits.

社会的流动资本在方面不同于个的流动资本。个的收入完全被排除在他纯收入的任何部分之外，而纯收入必须完全包含在他的利润中。

It was movements of this kind which I discussed in my Treatise on Money in connection with the building up or the depletion of stocks of working and liquid capital consequent on change.

我在《货币论》中讨论的正是种运动，它与变化引起的流动资本和流动资本存量的建立或消耗有关。

The capital of a merchant, for example, is altogether a circulating capital.

例如，商的资本完全是流动资本。

Mr Hawtrey, for example, who attaches great importance to changes in liquid capital, i.e. to undesigned increments (or decrements) in the stock of unsold goods, has suggested a possible definition of investment from which such changes are excluded.

例如，Hawtrey 先生非常重视流动资本的变化，即未售出商品存量的意外增加（或减少），他提出了个可能的投资定义，将此类变化排除在外。

Part of his circulating capital is employed in purchasing materials, and replaces, with their profits, the capitals of the farmers and miners of whom he purchases them.

他的流动资本的部分用于购买材料，并用他们的利润补偿他购买材料的农民和矿工的资本。

The maintenance of those three parts of the circulating capital, therefore, withdraws no portion of the annual produce from the neat revenue of the society, besides what is necessary for maintaining the fixed capital.

因此，维持三部分流动资本，除了维持固定资本所必需的部分外，不会从社会纯收入中抽取任何年产品。

Money, therefore, is the only part of the circulating capital of a society, of which the maintenance can occasion any diminution in their neat revenue.

因此，货币是个社会流动资本的唯部分，维持它可能会导致其净收入的任何减少。

The fixed capital, and that part of the circulating capital which consists in money, so far as they affect the revenue of the society, bear a very great resemblance to one another.

固定资本和流动资本中由货币构成的那部分，就它们对社会收入的影响而言，彼此之间有很大的相似之处。