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When the demand for the more narrowly defined kind of money goes down, as it eventually will, the money multiplier will move back into a normal range of 8 to 9. That is, the dollars manufactured by the Fed will give rise to more money (broadly defined) burning holes in people's pockets.
Similar(58)
"Banshee," Cinemax: "Banshee" committed to a well-defined kind of pulpy, noir storytelling right out of the gate, and it satisfyingly honed that bruised vision during the fast-paced run of its first season.
"He also physically defined the kind of people I'm attracted to.
Mr. Bush has never defined what kind of mission is in the "vital national interest".
"Without being easily defined, it kind of falls on the periphery of a lot of different groups," Mr. Brown said.
I defined five kind of vegetations by characterising the dominant species; fynbos, black wattle, grass, pine, afro-mountain forest.
Our included studies either clearly defined the kind of sedentary work or reported the numbers of sedentary hours per day.
We defined what kind of mechanisms (regulation of specific processes of functions within the cell) can be better explained through PPI network alignment.
I would define that kind of fantasy as having viscerality.
Our customers can help us define the kind of bank we want to be.
What she did immediately after the shooting defines the kind of woman she was.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com