liquidity preference
*noun*; the tendency for the public to want to hold income in cash relative to its willingness to hold it as interest-bearing savings (bonds). The liquidity preference is analogous to a supply curve for lendable funds. If the price for lendable funds--that is to say, the interest rate--is high, then the amount be be large. If the interest rate is low, then the public will be more inclined to hoard income as cash. Income held as cash is not spent on goods and services, so if the amount increases abruptly then there will be a recession. If it is held in some interest-bearing form, then it can be spent on fixed capital, thereby increasing output and employment. During a recession, if the liquidity preference is high, a lot of money is going to be held as cash. One could free up some cash for job-creating investment by raising interest rates, but that would eradicate a lot of business opportunities. So monetary authorities monetize debt instead, creating a new supply of credit to replace the savings lost by falling interest rates.
The Urban Dictionary Mug
Got this mug for my daughter and she was taken a back. I explained to her why it was funny, but she didn't seem to understand. Its been a few days since my daughter has talked to me. I'm positive she loves it! I'm hoping to hear from her soon :)
Arrived before my daughter’s birthday, which was good. Not chipped or cracked, so that was good, too. Ichabod Crane looked good on the ferra color.
Looks great. Made a cool gift. Quick shipping!
It holds liquid, very good
I use it to catch my cum
the mug is really durable, my parents beat me with it and it doesnt break
Love this mug, I like to use it to defecate in which I then feed to my family. 5 stars.
Quick shipping and awesome hysterical product!
I fucked with it for months before i finally ate it.
Great mug! Got a homo mug for a friend's birthday and he adored it. :)
love it
THINGS ARE GETTING A LITTLE WILD AT CAILLOU'S HOUSE!
The thing is amazing. Also everything on the back is true!
Professor - I am loving this ....not all professors are blasted toward intellectualism. I believe smart comes in all different sizes, color, beauty, and personality. I will use this coffee cup proudly. Loving it in Denver. Jax
It was great! Very hard to break and easy to hold! Also very cute
I sent my friend the Wordle URL for her to enjoy. She did her first Wordle and got so excited, she sent me a text including the answer she got. This showed at the top of my screen and I read it - there was no way to un-read it so I was ... wordlefucked for the day!
Solid mug. Funny design. Fair price
My dad hits me with his mug. It's very very durable
I got the Capybara one made by FAUBCOK and it was so good quality!
i loved the mug, gave it to my grandmother on her birthday
Review Details
Pro Customization
Create unique products with your own words and definitions
Live Preview
Personalize Your Design
Debug: Product Metadata
| Key | Value (click to copy) |
|---|---|
Copied! |
Return Policy
Made Just For You
Each product is custom-printed with your unique text, making it truly one-of-a-kind.
Defect-Free Guarantee
If your product arrives with printing defects, damage, or quality issues, we'll send you a free replacement.
Custom Orders
Due to the personalized nature of your order, we don't accept returns for change of mind or sizing issues.
Questions about your order? Contact our support team for assistance.