Sentence examples for monetary clout from inspiring English sources
Auctions have become the leading indicator of ultra-conspicuous consumption, pieces of public, male-dominated theater in which collectors, art dealers and auction houses flex their monetary clout, mostly for one another.
Lincoln Center's board is an example of the fierce clout, monetary and otherwise, that accrues to numerous cultural boards in New York.
But the Middle Kingdom could parlay some of its $3.2 trillion of reserves into greater international clout through the International Monetary Fund, currently headed by Christine Lagarde.
That was true of the classical gold standard, when working people lacked the political clout to resist a monetary policy overwhelmingly geared toward stabilising the fixed-rate system.
Yet, however unfair it may seem to the thrifty, rate cuts are needed to boost the overall economy.Another way in which monetary policy retains some of its clout is through the exchange rate.
The European Union will need to provide significant debt relief for Greece if it is to persuade the International Monetary Fund to put its financial clout behind the country's third bailout package, the Washington-based organisation has said.
But since 1999 that clout has passed to the ECB, which sets monetary policy for the 17-member euro area.
The Fed sets monetary policy for the U.S. and arguably -- given the U.S.' financial clout -- is the de-facto central bank for much of the world.
Even so, Germany's economic clout means Angela Merkel has an effective veto on the proposals canvassed for sorting out the problems of monetary union.
