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The reason is, if the bank fails to keep bond prices at the specified target level, the whole house of cards collapses. A common trait in YCC is that the short-term rates see extremely low yields (higher bond prices) while the long-term part of the curve steepens (lower bond prices)....
Vivint's system is controlled in two main ways. The first is a touch panel installed near the front door that provides weather at-a-glance and is useful for arming and disarming the system upon entry. Arming can be done in either "home" or "away" mode, with the former turning off m...
Most important of all, however, are actions that advance prosperity. Trade-offs are always necessary, but helping the poor rise out of poverty is much cheaper and more effective than any other plan to protect the environment. Policies aimed at reducing human greenhouse-gas emissions “… cost u...
Inability to obtain credit will impact supply, possibly eventually manifesting itself in a positive feedback loop; or the smaller companies and service outfits will find another avenue of doing business. Or the minor players will go under and be bought for fire sale prices - but will XOM want...