Sentence examples for basis for monetary from inspiring English sources

Emphasis on a single rule as the basis for monetary policy implies that the truth has been found, despite the record over time of major shifts in monetary policy from the gold standard, to the Bretton Woods fixed but changeable exchange rate rule, to Keynesian approaches, to monetary targeting, to the modern frameworks of inflation targeting and the dual mandate of the Fed, and more.

Blind faith in quantitative easing is not a good basis for monetary policy.

This is hardly a credible basis for a monetary union.

The specific appeal of gold can be hard to rationalise: it might be aesthetically pleasing, but does that make it a sound basis for a monetary system?

The Europeans tend to think it is the other way around: that the Big Boys should not meet until their aides have worked out the basis for trade, monetary and arms agreements.

We then show that in the context of our analysis, any trade-offs inferred on the basis of other trade-offs, as is common practice (e.g. inferring a safety vs time trade-off on the basis of monetary valuations for time and safety), produces biased results, suggesting that the assumption of fungibility does not hold.

The answer amazed us: A fiat currency could be the basis for a satisfactory monetary system!

His plans, however, formed the basis for the European monetary system introduced in 1979 to limit fluctuations among currencies, and the step-by-step approach to the eventual introduction of the euro was also inspired by his ideas.

Ms. Merkel emphasized that if euro zone governments reached agreement on the new strategy, it "could be the basis" for the International Monetary Fund to use more resources to help contain financial turmoil in Europe.

His work, together with that of 1995 Nobel Laureate Robert Lucas, provided the basis for the adoption of monetary and fiscal policies that replaced Keynesian ideology and prioritized the maintenance of low inflation and stable interest rates among governments and central banks.

On that basis, Friedman argued, in A Program for Monetary Stability (1960), that the rate of growth of money should be kept constant.