There are monetary, personal safety, and well being concerns that arise from performing a citizen's arrest.
There were years when I was under or unemployed, and yet even in my most financially 'dependent' state, there were plenty of folks whose monetary well-being depended on me.
Gold, the most sensitive barometer of monetary well-being, soared to $425 an ounce; its average price for the past decade has been around $330.
Much of the value of higher education is unquantifiable in monetary terms; it may well be unrealisable in those terms, too.
While there is some comovement of term premia with the US, the dominant effect seems to be domestic monetary policy, which may well be due to the inflation targeting framework employed by the central banks in all four countries.
And more monetary easing from the Fed could well be on the way.
Bean said: "Compared to the impact of changes in interest rates, we have relatively little experience of deploying macroprudential instruments... So, there may well be times when monetary policy is the only game in town to guard against incipient financial stability risks".
But now, with expectations mounting that the Federal Reserve, led by its departing chairman Ben S. Bernanke, may soon begin to tighten its monetary spigot, Istanbul's skyline could well be a harbinger of an emerging-market bust brought on by unpaid loans, weakening currencies, and, eventually, the possible failure of developers and banks.
The arguments for and against monetary union are well rehearsed, but the benefits need repeating: lower transaction costs, lower interest rates, macroeconomic stability, trade facilitation and less currency uncertainty helping cross-border trade and investment.
Louise T. Guinther New York, Oct. 2, 2008 To the Editor: David Leonhardt's primer on economic and monetary policy is well taken ("Lesson From a Credit Crisis: When Trust Vanishes, Worry," Economic Scene, front page, Oct. 1), but seems directed at a populace that does not understand its own best interests.
Now, the United Nations or the International Monetary Fund would be well served by his abundant talents.
