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 Tee
Great quality and fast shipping and I just dropped my mug.
This T-shirt is a high quality product. It fits perfectly and is very comfortable as well. I'm totally satisfied with the product and recommend it to everyone. Not to sound like a commercial or anything, but I really am impressed! Check it out for yourself. If you're thinking about buying something, go ahead. I'm sure I'll be buying more for a few friends soon. Thanks guys! I love this shirt! For real.
My niece laughed and loves her custom shirt.
Not only was the product exactly what I expected, I was well informed on the shipping process in a seamless and timely manner!
The T-shirt was a birthday gift for my girlfriend and she absolutely loved it.
Happy that this tee is comfy and fits well. I wish the sentence was on the back too.
My wife absolutely loves her new T-shirt.
This looks like a weird design but it looks cool
This T shirt is the best piece of material to have ever graced this Earth. The fine quality fabrics and in depth definition, which is professionally implanted on the back of the shirt, which makes for some very interesting talking points. Thank you Pablo Parmesan.
Absolutely wonderful product! I bought this shirt for my son and he gagged with joy! Mariah Careystmas everyone!
I love it I bought me and my family some
Glad I had utmost FREEDOM OF SPEECH to express in articulate detail what evv it is the fk i was on a rant about that day. I haven't even received my shirt. I just a few moments ago placed the order. That is how pleased 😄 I am. Fk yeah fk yeah. Very empowering experience. My thoughts turned into type, that made some shi# happen. Having freedom of expression was most definitely...one fk ton of fun. A fk ton can be quantified as exuberance an joy beyond expectation. Fk yeah fk yeah. Awesome>>>
Proofread much? She might seem "quite"? Please fix the spelling to "quiet". Can't believe I was considering this purchase...
Damonism T-shirt :+) I found this by accident while surfing through your site. I love this shirt. I bought one and wear it when I feel frisky.
Another hit!
Great shirt, great service. A big thumbs up👍🏻
I always get so many compliments when I wear this (my favorite) shirt. I have been able to give out my phone number to lots of nice old men and my parents think it's great that I have so many nice mentors grooming me into a nice young boy who is willing to "follow the rules ".
Very comfortable and love the tyoeface
Very nice t-shirt. Fits perfect.
FUCK you urban dictionary.
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Size Guide
Measurements may vary by up to 2" (5 cm). Pro tip: Measure one of your t-shirts at home and compare!
A - Length
Measure from the top of the collar to the bottom hem
B - Width
Measure across the chest from armpit to armpit
Size Chart
| Size | Length | Width |
|---|---|---|
| XS | 27" | 16½" |
| S | 28" | 18" |
| M | 29" | 20" |
| L | 30" | 22" |
| XL | 31" | 24" |
| 2XL | 32" | 26" |
| 3XL | 33" | 28" |
| Size | Length | Width |
|---|---|---|
| XS | 69 cm | 42 cm |
| S | 71 cm | 46 cm |
| M | 74 cm | 51 cm |
| L | 76 cm | 56 cm |
| XL | 79 cm | 61 cm |
| 2XL | 81 cm | 66 cm |
| 3XL | 84 cm | 71 cm |