I missed this too. It would be nice to have someone explain it. @denlillaapan, are bank capital buffer rules on your radar?

Yield curves: This is just what we call the relationship between bond yields and bond duration. Longer duration bonds typically have higher rates of return, because investors have to be compensated for locking up their capital for a longer period of time.

"Debasement" is when the monetary unit's underlying value is diminished directly, like when the US stopped using silver in its coins.

"Inflation" is when more units of currency are produced, which reduces the purchasing power of the currency. Banks can inflate the money supply through fractional reserve lending.