Himalayan Crystals.

Rather, gold is a hedge.

The US, the world s banker, had mutated into the world s hedge fund.

'I've tried the roots of trees, and I've tried banks, and I've tried hedges,' the

Those wealthy people s untaxed dollars stay in hedge funds and out of the revenue stream.

The trouble is that if macro pru does not work, the interest rate would have to serve two opposing goals economic recovery and financial stability.

Moreover, systemic risks potentially created during periods of booming asset prices escape the purview of macroprudential rules.

Now financial risks are deemed to be sufficiently important for macroeconomic management to warrant regulatory arrangements going beyond that of the microprudential supervisor.

At last the horses began to go more slowly, as if they were climbing up hill, and presently there seemed to be no more hedges and no more trees.

If you are a high net worth investor, or a sovereign wealth fund, it makes perfect sense to hold a small percentage of your assets in gold as a hedge against extreme events.

Such countercyclical capital requirements are likely to be added to the toolkit of macroprudential rules and policies, the use of which has risen as enthusiasm for light touch financial supervision has faded.

In fact, the richest save rather than spend their dollars, and send them around the globe in transnational hedge funds rather than using them to create more jobs at home.

The Carina Nebula (also known as the Great Nebula in Carina, the Eta Carinae Nebula, NGC 3372, as well as the Grand Nebula) is a large bright nebula that has within its boundaries several related open clusters of stars.

Moreover, India needs Iran as an alternative trade and energy conduit to Central Asia, bypassing rival Pakistan, and also as a hedge against an uncertain future in Afghanistan after America s withdrawal in 2014.

But other real assets can provide a similar hedge, and those tail risks while not eliminated are certainly lower today than at the peak of the global financial crisis.

We understand the prudence and concern demonstrated by the heads of the IMF and the World Bank with regard to the war conditions in which the Azerbaijani Republic has been engaged. At the same time, however, the IMF has given a structural adjustment loan to Armenia, which is in a state of war with us.

This is where the first miracle is needed a benevolent but ultimately profit driven billionaire or hedge fund, or a philanthropy that sees a way to do good while earning money for future goodness.