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The current decline in US bonds is unprecedented:
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A hydraulic ram is a clever device invented over 200 years ago that can pump water uphill with no other external source of power except for the water flowing into it and there is a way to take advantage of this normally inauspicious effect for a beneficial use. The ram pump is an ingenious way to take advantage of the properties of fluids. We all need water for a variety of reasons, so being able to move it where we need it without any fancy equipment or external sources of power is a pretty nice tool to have in your toolbox.