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The continued existence of these securities provides a reminder that the auction-rate securities market, which collapsed two years ago, is not going to go away.
First, the buying and selling of government securities provides the central bank with a means of influencing the money supply, essential for effective monetary policy.
Access to stocks, mutual funds and other wealth-building securities provides families with the option to assume a level of risk appropriate to their investment goals and, in many cases, build long-term wealth.
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Their securities provide a benchmark for corporate bonds, allowing companies to borrow for longer periods.
So they hold high-quality securities provided by the Fed for a day or two.
These highly diversified and low-cost, passive securities provide a broad-based approach to investment management.
A second, higher level of security provides access to the medical record, secure messaging, and other advanced Web services.
Social Security provides the largest part of retiree income.
Guaranteed food security provides a basic freedom that a society needs to remain dynamic.
But security provides the environment in which one can focus on reform, economic and otherwise.
They don't need to save much for retirement because Social Security provides a large benefit relative to their income.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com