Your English writing platform
Discover LudwigExact(6)
But since nominal growth is even slower, China's debt-to-GDP level continues to rise.
One is liquidity: since nominal bonds are easier to sell, this tends to reduce the premium that nominal bondholders demand.
And since nominal interest rates are so low, that means bringing real interest rates down by generating inflation of, say, 4% a year.
One worry about NGDP targeting is that it would be harder to pin down people's expectations, not least since nominal GDP may be a harder concept to grasp and is measured less often.The biggest risk may be the loss of credibility.
On that basis Mr White thinks the Fed was right to pursue the first round of quantitative easing, since nominal GDP was falling, but wrong to pursue a second round with activity recovering.Mr White is one of the few current economists to promote the Austrian approach.
Since nominal essences are the abstract ideas we use to name and distinguish the species or genera of things, the meanings of our species or genera terms just are abstract ideas.
Similar(54)
Since 1926, nominal American dividends have risen 37-fold.Perhaps the outlook for future dividends is really that bad.
The armed insurgency has hardly melted away since the nominal transfer of sovereignty five weeks ago, as the weekend's spate of bombings made clear.
The only way to reduce the real interest rate is via inflation, since the nominal interest rate can't go below zero.
To illustrate: Since early 2003, nominal G.D.P. has risen no less than 82 percent, while real G.D.P. — adjusted for inflation — has increased 29 percent.
Despite hopes that the conflict was edging towards resolution, Ukraine's war has entered its deadliest period since a nominal ceasefire halted a Russian-led advance in September.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com