If the Bank was perceived to have effectively lost its independence and to be creating money at the behest of politicians the public might fear an explosion in prices, creating a self-fulfilling inflationary spiral.
[C9.] Online Tobacco Sellers Call It Quits Two weeks after credit card companies announced they would no longer accept payment for tobacco products bought online, scores of Internet cigarette merchants have effectively lost the means to do business profitably.
Under that deal, he said, the "city would have effectively lost control" and would have no leverage to persuade the park service to expand access to other attractions around the harbor.
By then Belgium will have been left rudderless for almost a year, this means, in my view, that the current coalition-to-be partners have effectively lost their mandate and new elections should be called.
We have effectively lost a full day now and that would suggest the game is heading for a draw.
Human Rights Watch warns that the U.S. labor law is so broken and its penalties so weak that U.S. workers have effectively lost their fundamental human right to freely associate and bargain in unions.
