Sentence examples for cannot devalue from inspiring English sources

Within a fixed currency they cannot devalue.

As a euro member, Ireland cannot devalue to restore competitiveness.

It cannot devalue, because it is in the euro zone.

Euro zone countries cannot devalue their way out of trouble.

But euro-members cannot devalue unilaterally.As the economy slows, Portugal's problems may worsen.

As a member of the euro, Ireland cannot devalue its currency.

They cannot simply devalue.

The big difference with the UK is that, as part of the euro club, Ireland cannot unilaterally devalue its currency.

If money is something of value in this way, then government cannot covertly devalue privately held wealth: if government wants to spend, it must raise revenue from the people honestly, through taxation.

We show that even when the exchange rate cannot be devalued, a small set of conventional fiscal instruments can robustly replicate the real allocations attained under a nominal exchange rate devaluation in a dynamic New Keynesian open economy environment.

Because it is universal, the present cannot be devalued to the future, otherwise it would be a mere instrument.