Those who rely on past relationships between the monetary base and economic activity have taken the rapid growth in the base as portending very rapid inflation.
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Although this figure was lower than the 54 that had been forecast one has to bear in mind that a level greater than 50 signals growth or an expanding base of economic activity.
What is certain is that the long-term fundamentals for gold remain strong, with a diverse and growing demand base, coupled with constrained supply side activity.
But Nato's International Security Assistance Force (Isaf) said there were no reports of militant activity in or around the base at the time of the crash.
"Navy has a season ticket base that we hope will generate some activity from their season ticket and booster mailing list, " Beck said in an interview Monday.
As is well known to participants in the sport of Base Jumping (a mind-bogglingly dangerous activity that involves parachuting from static objects), parachutes have problems when launched from tall buildings.
Like the pressure to de-list the US dollar as the base currency for international trade, with innovation activity shifting to Asia, countries other than the U.S. will have an increasingly larger say in international intellectual property rights, standards setting and commercialization of intellectual property.
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He sees this type of development as an unrivalled promotional activity, the modern way to unlock a phenomenal asset base.
Investment activity is picking up, but off a relatively low base, and we believe a sustainable amount of capital was invested in each of the past few years.
Foundations, with their government and private-sector partners, can base expectations on the realities of supply and demand for hiring, business activity and residential growth.
The ensuing activity shows up as jobs, economic growth and an expanded tax base.
Freed from a commodity base, central banks have been free to manipulate the very foundations of economic activity by increasing or decreasing supplies of fiat money.
So, of the 17.34 foot record elevation of the station base sea level caused by Sandy, yes, a maximum of about six inches might be related to human activity.
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