Sentence examples for monetary substitute for from inspiring English sources

In the absence of political will, the ECB is trying to provide a monetary substitute for it, much as the US Federal Reserve Bank is doing.

And if weight correlated with value, I'd ask my potential benefactor for two nickels rather than our thin monetary substitute for a screwdriver when I made the old plea, "Brother, can you spare a dime?" Does the animal kingdom offer any clues about our tendency to turn physical acts into symbols?

After all, he also said at the Mansion House that "macroprudential policy is not a substitute for monetary policy".

The measures were not intended as a substitute for monetary and fiscal policy.The Brazilian government put it rather differently.

Like Thailand until this month, the Philippines seems to be using its exchange rate as a substitute for monetary policy, to keep inflation under control (which it is, at around 4 1/2% a year).The Philippines has been the exception to the regional trend of declining export growth.

None of this has helped, because neither monetary nor fiscal policy can substitute for structural reform.

There is certainly nothing today that will be seen as a potential substitute for the monetary tightening that is coming.

Philipp Rösler said: Monetary policy cannot be a substitute for nations' own efforts in financial and economic policy and for this reason it can offer no sustainable resolution of the crisis.

Whether monetary policy is a good substitute for fiscal policy in such contexts remains to be seen, and the ECB continues to limit the effects of its actions on the money supply.

Since then Russia has largely retreated into itself, Asia is developing a sophisticated substitute for the Monetary Fund we should have let them create in 1997, and Latin America has moved decisively at the polls to reject neoliberal globalization.

In March, for example, Indonesia tightened loan-to-value ratios on mortgages and imposed minimum downpayments on car and motorbike loans.Mr Neumann is, however, sceptical that regulatory tightening can substitute for the monetary kind.