Your English writing platform
Discover LudwigExact(15)
In Africa, such monetary mayhem is now confined to Zimbabwe.
What is the point of amassing such monetary claims if the society in which I can use them in has become a lot less liveable?
The pressure to engage in such monetary financing may be particularly strong, given that the European Central Bank is about to take over responsibility for supervising lenders.
The first approach might take some time but would create such monetary chaos that a clean break would eventually seem preferable.
The advantage of such "monetary financing" is that such spending, while adding to the deficit and leading to a permanent increase in the money supply, would not increase the national debt, because the government would "owe" the money only to its own banker.
More immediately, the foreign investors who we need to buy our debt in record amounts over the coming months, if the whole flimsy edifice of our economy is not to come tumbling down, must be reassured that we do not intend to rip them off by such monetary manipulation.
Similar(45)
"In such circumstances, monetary policy needs to be accommodative.
Advanced economies of a significant scale tend not to operate in such a monetary framework.
But a technocratic assessment of the institutions that are required to make such a monetary union work.
These often concern macroeconomic questions such as monetary policy and fiscal discipline, and the means of globalisation, such as free trade and foreign investment.
The ever-deeper-union camp has a record of inserting coded language into treaties, so that projects such as monetary union can be revisited later.
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