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To placate William Jennings Bryan, the leader of the Democrats' populist wing, the Fed's currency would be a liability of the government, not the banks.
A major assumption behind the benefits of sovereign money is that money would no longer be a liability of the central bank.
Speaking to BBC World, Macquarie Group's Head of European Oil and Gas Jason Gammel said there could be "a liability of approximately five-billion incrementhatthey they'd have to recognise".
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The willingness to believe purported news stories, often riddled with typos or coming from unfamiliar outlets, is a liability of today's fragmented media and polarized politics.
But since every "asset" of a trust fund is a "liability" of the Treasury, summing over both parts of government (the Treasury plus the trust fund), assets minus liabilities net out to zero.
Drawing on the Uppsala model for managing under uncertainty, we suggest that the source of uncertainty is a liability of outsidership derived from the fact that HQ is often not knowledgeable about the networks and actions of its subsidiaries.
This is a liability of any system sensitive to the first temporal derivative of stimulus intensity without some additional nonlinearity such as thresholding.
Testaverde would be a treat for Tampa Bay because of his lack of mobility; Bollinger is a liability because of a lack of experience.
The result was a liability totaling hundreds of thousands of dolllars in hard-earned, after-tax dollars.
Its ownership of Enron was a liability, but this remains deservedly a giant.
Its ownership of Enron was a liability, but it deservedly remains a giant.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com