Next week marks the centennial of the creation of the US Federal Reserve System, mandated by the legislature in response to a series of market panics that came in the aftermath of the Great War and given the triple duties of promoting full-employment, stability in prices and affordable loans. It seems to me that these goals—cushions are the very antithesis of what in reality and any victory, I think, comes in spite of the Fed's better intentions. After failing to avert the Great Depression that followed about a decade, precipitating the next world war, after its founding, the institution—which is not a governmental entity but like any other private bank, just enjoying something akin to a royal charter, like the Dutch East-India Company, it was awarded with broader powers and roles, including dictating monetary policy through an elastic supply, being the bank of the US government—where tax revenues are deposited, being an emergency lender of last resort, banking regulation and supervision and a cheque clearing-house.
Monday 16 December 2013
charter or seigniorage
Sunday 15 December 2013
curds and whey
Here is an incomplete Periodic Table of cheeses. I only made it as far as the transitional cheeses and realised that I probably should have undertaken my method of
classification in a more scientific manner to be useful. I started with
base ingredients, hoping to end with hardness but I exhausted
recognised varieties. Perhaps someone better organised can finish this
project with this blank template of the classic layout of the periodic table or create their own system for items that demonstrate characteristics and predictability that can be fit into this format or quiz one selves on the elements that actually belong in this chart. Perhaps even someone could incorporate other basic properties, like wine-pairings.
catagories: ๐, ๐ง, food and drink, Wikipedia
a cup, a cup, a cup, a cup, a cup
Saturday 14 December 2013
chuchotage or gesticulation
Often, when available, I switch on the closed-captions while, watching movies in German because sometimes the being able to read the words as well make it easier to understand above accents and fast speech—and the text-version of the dialogue is sometimes simplified and leaves out slang and Englisch terminology. Also, when watching the nightly news, viewers respect the tolling bells that proceed the nationally syndicated programme like BBC watchers not daring to interrupt the pips that usher in the top of the hour, though all broadcasts are moderated by the same anchors, I like to watch the public stations that feature a sign-language interpreter—just to see how animated they are, when to my perspective they're just miming the news but trust that they are conveying volumes.
valance or tinley bar
Food Beast presents this brilliant and systematic presentation of classic cocktails arranged in Periodic Table form by designer Mayra Artes.
forked-tongue or double-helix
Researchers at the University of Washington have announced that the genetic coding, deciphered on an elementary level first in the 1960s, of DNA contains a second cryptic language that governs the activation and deactivation of genes in addition to the instructions for expressing proteins.
catagories: ⚕️, ๐ฑ, ๐, ๐, ๐งช, ๐งฌ, environment, language, philosophy