Sentences with phrase «currency crisis at»

Simply put, if the Fed continues to conjure trillions of dollars out of thin air to feed the government's insatiable appetite for debt, they're risking a major currency crisis at a minimum.

Not exact matches

The peg, which was introduced in Sept. 2011, was an attempt to halt the rise of the franc — a traditional haven currency for investors — against the euro at a time when the eurozone debt crisis was at its height.

In the aftermath of the global financial crisis, broad changes in global investor risk sentiment were important drivers of currency movements, at times driving more than 50 percent of the fluctuations, according to BlackRock analysis.

The answer is in the negative: all the countries that have recently experienced a currency crisis have been at an earlier stage of economic development than Australia, particularly in respect of the depth of their financial infrastructure and the degree of prudence exercised by borrowers and lenders.

I put out a chart, that's included in the thesis paper, back at the time of the financial crisis called, «The Fiat Currency Failure» and the cycle that we would go through.

In inflation - adjusted terms, the value of the Australian dollar is at a record level against a trade - weighted basket of east Asian currencies, with a number of these currencies having depreciated markedly at the time of the Asian crisis, and again more recently (Graph 69).

Bitcoin was born in the aftermath of the financial crisis, when distrust of financial institutions was at a high, and a currency divorced from a central bank found wide appeal.

It won't fix the problem in the long term, because fiscal fetishism, while bafflingly politically popular, does little against what is, at heart, a balance of payments crisis made particularly acute by currency union.

«When you look at the crisis in the eurozone, the real need there is for the institutions of the eurozone to get behind the currency to convince the markets they have the firepower to do that....

Or at the times of fiat currency, whose value is determined by law, crises.

It suffered through a great depression at the turn of the century, and it's survived a currency crisis over the last few years.

On the 12th September 2012, the German Constitutional Court issued its much - expected third judgment on the constitutionality of measures that have been taken at the level of European and international law in response to the ongoing sovereign debt crises in the Eurozone and the crisis of the currency union that resulted thereof.

Barclays has faced intense public scrutiny in recent years: from the Serious Fraud Office's investigation into the bank's # 12bn fundraising at the height of the financial crisis, which resulted in criminal charges against the bank and former executives relating to a # 2.3 bn loan Barclays provided to Qatar, a multibillion - dollar legal battle with the US Department of Justice over allegedly - fraudulent mortgages and a New York currency trading probe that ended in a $ 150m settlement.

At that time the crisis on Chinese exchanges stimulated the demand for bitcoin, which in turn raised the price of the digital currency up to $ 300.

Asked about the connection between bitcoin and the 2008 financial crisis, Mr. Thiele revealed, «Part of the motivation of virtual currencies probably arises from the critical reflection of the financial system at that time,» he acknowledged.

The meeting of the Coalition for Sensible Housing Policy, hosted by NAR at its Washington offices, heard from a panel of some of the country's most highly regarded banking and mortgage financing experts, including Lew Ranieri, one of the creators of the mortgage - backed securities (MBS) market, Gene Ludwig, the U.S. Comptroller of the Currency under President Bill Clinton, and Jim Millstein, a Treasury official who oversaw the restructuring of insurer AIG in the aftermath of the mortgage crisis.