In fact, a battery system can perform more than a dozen tasks, from sending short bursts of power to stabilize the electric grid to releasing a steady supplyof electricity over a longer periodoftime when there is a lot of demand for power.
If the customer exceeds a predetermined rate of transactions, purchases an expensive item, or if Bling Nation notices a lot of geographic variability over a short periodoftime, when a consumer taps a BlingTag, she could be asked to supply a PIN.
To understand how ultra-easy money for a prolonged periodoftime misguides animal spirits, we define and distinguish two forms, demand-side entrepreneurship and supply-side entrepreneurship.