Sentence examples for massive depreciation from inspiring English sources

South Sudan faced a "dramatic contraction" in its gross domestic product, a "massive depreciation" of its currency and an "exponential rise in inflation".

As he said during the third debate with Hillary Clinton, "We're entitled because of the laws that people like her pass to take massive depreciation and other charges.

Iceland's economy collapsed in late 2008 as a result of massive currency depreciation and the failure of its domestic banking industry.

Mr Sumner cites Barry Eichengreen's research indicating that the massive currency depreciation associated with abandoning of the Gold Standard was the key to escaping the Great Depression the earlier a country left gold, the faster it recovered.

Caught in the midst of a deepening economic crisis, with massive currency depreciation feeding into a cycle of stagflation, the economy is yet again at the center of this year's elections, with all candidates feverishly promising a new direction in the country's economic management.

But a massive and speedy depreciation risks becoming self-perpetuating, as occurred in Latin America in the 1970s and 1980s.

If Greece were not part of a common currency area, it would almost certainly follow the successful adjustment path of other developing economies from a deep financial crisis — official assistance from the I.M.F. or another source of public funds; austerity; debt restructuring; and a massive nominal and real depreciation of its currency to boost its competitiveness and growth.

Maxey writes thatby pledging to double the monetary base, the Bank of Japan managed to engineer a massive foreign investor driven currency depreciation under the guise of domestic monetary stimulus.

This camp's prescription is massive monetary easing and a depreciation of the yen.How could Japan need a cheaper yen, when it already has a huge trade surplus?

Last summer -- in between Ben Bernanke's testimony to the US Congress in May, when he alluded to the eventual unwinding of the currently third round of QE, and the Fed meeting in September postponing its beginning -- the so-called "fragile five" (Brazil, India, Turkey, Indonesia, and South Africa) underwent massive capital outflows and large currency depreciation.

Multiply the current depreciable basis by the depreciation rate to find the year's depreciation.