| Then, depending on their level of risk aversion, they divide their financial wealth between riskless assets and a risky portfolio. |
| You can't get any return on riskless securities, so the government is incenting you to go out and buy stocks. |
| Money traditionally is both a riskless, liquid asset and a medium of exchange. |
| In a formal sense, of course, the theory refers to some notional riskless rate. |
| The government tried to make speculating as riskless as possible. |
| Such a situation would guarantee unlimited and riskless profits for all those holding gold and silver. |
