Typically this meant plowing money into commodities, land, and other scarce if useless things (such as fine art), on the assumption that investment vehicles definitively limited in supply would hold their value in the context of dollar weakness.
I'm sure you'll agree that New York would be a better, more hospitable and harmonious place if every useless bank that's gone up over the past decade were replaced by a pastry shop that sold some version of the Trianon.
All the inspiration in the world is useless if the environment is destroyed by our species.
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These rules are, however, near useless if governments or central banks circumvent them in other ways.
An impressive 3-ton steel and concrete bank vault door is useless if the back of the vault is made of drywall.
And, I might add, all the research in the world will be useless if you get some of the most basic information wrong.
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Equal Pay: Title VII of the Civil Rights Act provides protection against pay discrimination, but the protection is useless if suits must be brought before employees know of the discrimination.
Given this lack of seriousness, it may be time for a reappraisal as to whether the alliance as currently constituted is largely useless if not an actual impediment to our safety.
He seems not to recognize that all the index funds and carefully benchmarked renditions of the entire market are useless if no one does the fundamental analysis that yields accurate valuations for the companies.
Even Joseph Juran, one of the two American post-war germinators of the quality idea (the other was W. Edwards Deming), considered that quality circles were pretty useless if the company's management was not trained in the more general principles of total quality management.
That also means it's pretty useless if you only want to schlep one bag around, so it looks like we're stuck with the Bucket Dance for now -- hey TSA, would pockets on the sides be such a threat to our nation's security?
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But it still could be a virtually useless test if it wrongly labels all sort of healthy people as sick.
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Simply put, what is a perfect machine in terms of engineering specs may be useless, if customers happen to think so.
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Loyalty programs can show that a person is not a useless customer, if the firm knows how to use the information.
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Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
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"One of the characteristics of hoarding is that people feel this sense of discomfort if they feel like they may be giving away something that they could use in future, " says Hollander, explaining that patients often become greatly distressed or even angry if they are pushed to give up apparently useless or excess possessions.
Ms Brown from Sense about Science says that if the regulator doesn't think "continuing to market useless homeopathic travel 'vaccinations' for diphtheria, malaria, polio, typhoid and encephalitis" and potentially putting lives at risk is not reckless then there's little point having regulation.
If the FDA is too permissive, it could end up allowing useless cancer drugs to be approved.
Who cared if our secondhand car had a death rattle and our AAA card was useless in Ukraine?
If they do not, they may find that those drugs have become useless.
So if I went on to rap about it in Kashmiri, that would be useless.
If you travel off the beaten path, a credit card may be almost useless because vendors will expect payment in cash.
Branson would not be who he is today if he decided to play it safe and put up with the grueling and useless days of schooling.
But if veterans don't get jobs, their prized tools can start to feel useless.
If turned off for even a moment, hoses freeze, leaving them plugged, stiff and useless.
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On top of that, if drugs are used carelessly, resistant strains of the virus can emerge, rendering the therapies useless.
At worst, if the French were to turn away from the treaty, it would be rendered toothless and useless, because of France's muscle within the eurozone.
"If Bill de Blasio spent more time reading The Wall Street Journal and less time writing us useless letters, he would know that the City is not even considering doing the things he urges us not to do, " mayoral spokeswoman Julie Wood said in an email.
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If any of these factors change in the middle of the night, the new snow will be useless.
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