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"The law does not specify the length of the first lease," he continued — only that it must be what would have been stipulated in an ordinary transaction.
They bought them having no idea at the time that a perfectly ordinary transaction -- two wealthy newlyweds buying objets to decorate their first home -- would soon flower into an obsession.
In Senate testimony earlier this year, FBI Director James Comey said that a "typo" in a 1993 statute concerning electronic communications transaction records was leading "some companies" to resist providing the FBI with "ordinary transaction records that we can get in most contexts with a non-court order".
Other schools have gained similar practical insight by hiring as dean practitioners from public and private practice (Catholic U. has gone this way) rather than a fellow academics, where in the Ivy's it's not uncommon to encounter a brilliant scholar who wouldn't have a clue about the most ordinary transaction.
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All ordinary transactions were contaminated: "How are you?" and "How's it going?" and "Nice day".
Mr Ignatyev says that gold coins could be issued to pay wages and pensions, and could even be used for ordinary transactions.
An alternative route for dealing with global distrust of currencies inflated by excessive monetary easing would be for the private sector to start using gold in ordinary transactions.
According to Keynes, the public holds money for three purposes: to have on hand for ordinary transactions, to keep as a precaution against extraordinary expenses, and to use for speculative purposes.
With the average wage at about $600 a month, relatively few will feel constrained by the new limits, at least for ordinary transactions, and initial fears about the longer-term security of bank deposits seem to have eased.
Such metabolic changes could be picked up by computer programs, adapted from those credit-card companies use to detect crime by spotting sudden and unusual spending patterns amid millions of ordinary transactions.How far away is this vision?
Beyond the ordinary transactions and precautionary demands for money, people hold speculative cash balances in anticipation of two events, whose timing is uncertain: Domestic bond prices suddenly fall (domestic interest rates rise) and so present a better buying opportunity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com