liquidity preference Tee
*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
Customer Reviews
Fun and soft.
Good stuff! Although, I do have a sneaking suspicion that this is cursed. You see, whenever i dawn this top-teir, soft, stylish shirt - I proceed to pass out within 46 seconds. The mere act of making contact with the material insues the process of this countdown starting. If I do not quit contact, i will lose conciousness the exact moment the countown hits 0. And when I regain clarity, I find myself in a bathtub - never mine, but a bathtub nevertheless. In the bathtub, there is always various colours of hairdye. I then have to go back home, shirt stained with dye. Very fashionable though! 10/10
Smooth transaction and nice product, shipping was quick!
good very good worth money!
5 out of 5 I love when people start reading the definition. It's halourious
10/10 yes much good 10/10 would buy again
Fit is true to size, good quality material. Graphics applied well (not off-center or angled as with some products). Quick shipment.
gooderesting the gooderesting thing ever made
Got it for a friend! He loved it
Size was accurate, and printed text was as displayed online. Doesn't hurt that the material is pretty soft either.
mine says "ass" on it lol
Good Decent, comfortable by all means
My wife bought this for me, my only thing about the shirt, is the big Vernon on the front. I think I would prefer it situated and smaller type as if overva pocket. Other than that I love it. Seems to be of good quality and easy wearability, but I have only tried it on, so am uncertain. Thank you for making my day
shirt made me cum
Dick Aww man I love this shirt for eating
people shat on my shirt that said shart and im mad they took a shit on it instead of a shart
Necero's shirt i can use this in almost every phrase. This shirt allows me to do some great stuff with my kids and grandkids! i'd love for anyone who says same to get this shirt!
Bad! Why is this T-shirt named shitty fucking??What a bad name it is!Recommend?Never!😡
The shirts are amazing! I will be ordering again. And recommend them to others 🙂
My UD shirts are my favorites. They fit well, last long, and are unique. I always have people reading my back.