It reminds me of PIO, or pilot induced oscillation, a lag in the plane's response to a pilot moving the stick, ... You push the stick down and the plane doesn't go down right away, so you push it down more, and then it really starts to fall. The same thing happens in monetary policy if you have gradualism in interest rates.
You May Also Like / View all maxioms
We've been doing this for eight years now, and I think we found ourselves comfortable enough to do it ourselves read more
We've been doing this for eight years now, and I think we found ourselves comfortable enough to do it ourselves . . . We found a way to be really happy and this way we're able to do it on our own . . . it's exciting.
There's every possibility that this is a murder we are dealing with,
There's every possibility that this is a murder we are dealing with,
Our objective now is to sustain, over the cycle, this level of pretax return on equity and double-digit earnings per read more
Our objective now is to sustain, over the cycle, this level of pretax return on equity and double-digit earnings per share growth.
By this verdict, the jury has found that death is a possible sentence in this case.
By this verdict, the jury has found that death is a possible sentence in this case.
We pulled it out in the end, but it shouldn't have even got to that point with the kind of read more
We pulled it out in the end, but it shouldn't have even got to that point with the kind of lead we had.
Where the flag of truth waves unfurled, there you will find superstition waiting in ambush.
Where the flag of truth waves unfurled, there you will find superstition waiting in ambush.
The issue with technology is, it's -- by definition -- change. You can't just go to sleep and say I'm read more
The issue with technology is, it's -- by definition -- change. You can't just go to sleep and say I'm going to forget it for 20 years.
There's huge, massive mother ships going up to the Yukon. They've been filmed and are on video.
There's huge, massive mother ships going up to the Yukon. They've been filmed and are on video.
There are thousands of different card products, some are offered with low interest rates, some are offered with no fees, read more
There are thousands of different card products, some are offered with low interest rates, some are offered with no fees, some are offered with a cash rebate.
