When you're at a party and you begin to make out with a person, who is not caucasian. (Preferably Asian)
You leave to take a leak, then you come back into the room and start dancing, (thinking that you're dancing with the same Asian,) and continue to make out with her, knowing that you did previously.
However, after sucking face you look over and the girl your buddy is dancing and making out with the same girl, an Asian, and wearing the same shirt as the girl you were making out with.
Then you look at the girl you are making out with and realize that she is not wearing the same shirt, and is not the same girl from the session before you left.
You leave to take a leak, then you come back into the room and start dancing, (thinking that you're dancing with the same Asian,) and continue to make out with her, knowing that you did previously.
However, after sucking face you look over and the girl your buddy is dancing and making out with the same girl, an Asian, and wearing the same shirt as the girl you were making out with.
Then you look at the girl you are making out with and realize that she is not wearing the same shirt, and is not the same girl from the session before you left.
"Yo, did you see Rusty make that International Exchange with Greg last night at Smithies?"
"Yeah, I couldn't tell them apart either..."
"Yeah, I couldn't tell them apart either..."
by Rusty Brown November 10, 2009
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On January 12th grab a ginger because no matter where you are it’s time to give them a well deserved kiss
Hey you spawn of Satan has anyone kissed you, yet because it’s international kiss a ginger day you know
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Get the International Gyalz mug.(ECONOMICS) the difference between the nominal interest rate and the rate of inflation; the actual premium charged by banks for lendable funds.
The real interest rate can be determined by subtracting the annualized rate of inflation from the prime rate offered by banks to borrowers with the best credit.
During the 1970's, the USA experienced relatively high inflation (peaking at 17% in January 1980). In some months this exceeded the prime rate, resulting in negative interest rates for short periods (e.g., April-October, 1978; Feb-July, 1979).
One problem of deflation (i.e., falling absolute prices) is that it always occurs when the economy is in VERY severe recession, and there is no way the central bank can reduce the real interest rate to zero, since 0% nominal rates minus negative inflation = positive real interest rates.
The real interest rate can be determined by subtracting the annualized rate of inflation from the prime rate offered by banks to borrowers with the best credit.
During the 1970's, the USA experienced relatively high inflation (peaking at 17% in January 1980). In some months this exceeded the prime rate, resulting in negative interest rates for short periods (e.g., April-October, 1978; Feb-July, 1979).
One problem of deflation (i.e., falling absolute prices) is that it always occurs when the economy is in VERY severe recession, and there is no way the central bank can reduce the real interest rate to zero, since 0% nominal rates minus negative inflation = positive real interest rates.
During the period 1978 to 1980, there were 14 (out of a total of 36) months during which the real interest rate was negative.
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