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In the meantime , Directors cautioned against the high degree of risk involved in unchecked foreign currency borrowing . " Perfect " in this context is a physics term used to describe liquids with extremely low viscosity and the ability to reach thermal equilibrium very rapidly due to the high degree of interaction between the particles . Reviewing the international situation in the light of recent developments , Ministers took note of the high degree of instability and uncertainty still existing in the world . Given the high degree of transience and consumers with more than one address ( e.g ., students or retirees ) , the effect of one state 's enactment of a more restrictive obsolescence standard would inevitably affect consumers beyond that state 's borders .