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The statue was too pricey when he first saw it at an auction house, but after the Asian financial crisis devalued the asset class of regional antiquities, he made a lowball offer that was immediately accepted, which means, he said, he could have had it for even less.
Soon after Japan ran into its own zero lower bound, Ben Bernanke, who was then an economist at Princeton University but is now chairman of the Fed, argued that the Bank of Japan needed to set a higher inflation target, buy more assets and devalue the yen by purchasing foreign currencies.
Hence the asset sales.
Does that devalue the show entirely?
Must we devalue the F-word?
Might legalization devalue the lives of the elderly?
False accusations devalue the currency and give deniers real ammunition.
You devalue the tear when you do this.
Vaswani: Why devalue the yuan?
It did not devalue the currency.
Nor can the treasury devalue the currency.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com