The basic idea is that people will be richer in the future as economies keep growing, so a given amount of a commodity or money will have less value than it has now.
When it comes to credit, banks are presently stingy with it due to past lending mistakes, plus they're correctly fearful about lending dollars that, if paid back, will have less value than the ones they lent out.
If you want to trade the old bond for a new one, the old one will have less value.
Don't damage the cards in any way if you plan on selling them, they will have less, or no value that way.
But mortgage bankers contend that if Congress condones cram-downs, lenders will have less faith in the underlying value of the mortgage, and they will have to charge interest rates about 1.5 percentage points higher on all mortgages to offset the risk of future cram-downs.
On the contradictory, if the n value decreases, then the weights will have more impact and the uncorrupted pixels will have less impact on the estimated values.
If you take the time to assess, examine, and identify which belongings are worth keeping and which should be tossed, your new home will have less clutter and contain more items of value, instead of just "stuff". In theory, your move should also take less time and money.
It also follows that those with less money will have less freedom, less speech, and less representation.
Mr Thain will have less power.
That will have less volatility.
