The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity.
I think so much of young adult literature sort of gets ghettoized - the title 'young adult' makes people immediately discount it. And just like with books that get written for adults, there is plenty of young adult literature that is bad. But there is also plenty of young adult literature that is brilliant.
In many cases, in order to protect organizations, administrators often move abusers around, discount victim statements, stonewall victims in administrative processes, and/or offer legal settlements with non-disclosure agreements to victims with the express intent of protecting the institution and ridding themselves of the victim.
Drug manufacturers could afford to sell AIDS drugs in Africa at virtually any discount. The companies said they did not do so because Africa lacked the requisite infrastructure.
There are philosophical issues involved in that about choosing the right discount rate, the value, the future, and things like that which drive it. But its start with the premise that global warming is real and if you're a denier of that fact, then you're not going to find climate change mitigation policies to have particular appeal.
I grew up in the age of discount air fare, and for me, the act of joining a culture was a great way about learning about that different culture. So I grew up in the South, and went to college in the North, and found out that I learned about myself as a Southerner by leaving the South and going to the Northeast.
My favorite part was when my grandfather and I would make a special trip to Firpo's Bakery for red and green Christmas cookies and fruitcake studded with the sweetest cherries I've ever tasted. Usually Firpo's was too expensive for our slim budget, but Christmas mornings they gave a discount to any children who came in.