I don't really understand it - marriage.
The Federal Reserve will not monetize the debt.
Nobody likes to fail but failure is an essential part of life and of learning. If your uniform isn't dirty, you haven't been in the game.
The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained.
The U. S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U. S. dollars as it wishes at no cost.
Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The pace of growth is disappointingly slow, mostly because productivity growth has been very slow, which is not really something amenable to monetary policy. It comes from changes in technology, changes in worker skills and a variety of other things, but not monetary policy, in particular.
With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly.
There are some persons who never succeed from being too indolent to undertake anything; and others who regularly fail, because the instant they find success in their power, they grow indifferent, and give over the attempt.
When the ladies see an athlette walking around, they think, Well, he got the cocaine, so let's go get high with him.
I'm thankful for the three ounce Ziploc bag, so that I have somewhere to put my savings.
Shoulder the sky, my lad, and drink your ale.