gilt

As I’ve written before, the concentration of wealth in America has reached levels that make the gilt of the 19th century Gilded Age look like dross.

However, on markets for UK government debt, the effective interest rate on a two-year gilt fell below 4% for the first time this year.

They’re small, red-leather-bound copies with gilt lettering on the cover, and if I hold one I can be transported back to my childhood and family quizzes about Shakespeare.

Pale ladies on gilt chairs, their skirts arranged, the candle flame playing across their jewels.

Donald J. Trump in that dingy courthouse so far removed from the Don’s usual gilt opulence, it’s downright disturbing to contemplate the similarities between his trial and that of a mob boss.