Wednesday, October 08, 2008

Unless, of course, we could get our oven up to 4000 degrees Kelvin?

Minister of Finance Hank Paulson gave some speech today that I didn’t understand. But he did use my favorite new word of the past week, which I also don’t totally understand: illiquidity.

As in “Boy, I would sure like to drink this inanimate carbon block. To bad carbon’s illiquid, for all intents and purposes, or I’d guzzle it down”

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