Sentences with phrase «currency than the nation»

Attempts to pay more foreign currency than the nation can generate in export earnings will cause the currency to depreciate and raise monthly mortgage bills.

Not exact matches

Meanwhile, as miners proliferate and entire server farms are setting up to run the currency, the power suck is causing energy blackouts and total power consumption is exceeding that of more than 100 nations.

Of the many shortcomings of the pre-Fed currency and banking system, none struck sincere reform proponents of all kinds as being in more dire need of correction than the tendency of the nation's bank reserves to flow into the coffers of a handful of New York banks during seasons apart from the harvest, combined with the annual (and occasionally mad) harvest - time scramble for those same reserves.

In today's digital currency world, miners are using more energy to mine than is used by the entire nation of Ireland.

The Argentinian peso tumbled more than 15 % against the dollar in early trading as the South American nation's central bank stepped back from its efforts to protect the currency, forcing the bank to reverse course to stem the slide.

Coordinated International Response to Financial Crisis: To keep world economy out of recession in 2009 and 2010, helped secure from G - 20 nations more than $ 500 billion for the IMF to provide lines of credit and other support to emerging market countries, which kept them liquid and avoided crises with their currencies.

China has now proposed that the world move to a more symmetrical monetary system, in which nations peg their currencies to a representative basket of others rather than to the dollar alone.

More than US$ 1.4 billion has flowed into exchange - traded funds that protect against currency fluctuations in developing nations this year, 64 per cent more than in all of 2014.

Because of the size of Germany, and those allied with them in the Eurozone, the Euro is a hard currency, harder than many cultures / nations with lower labor productivity would like.

The general rule of thumb that I've come across is that if you are making another person / company change your money into another nation's currency, they will likely charge a higher exchange rate than you could get yourself.

We await the moment where the majority of assets no longer trust the US Dollar, which would have been sooner than this, but most major nations have compromised their currencies to satisfy politically important exporters, in this «beggar thy neighbor» world, importing asset bubbles in their wake.

The nation's worsening hyperinflation has caused the popularity of Bitcoin and Ethereum to soar as people turn to these currencies as a more effective store of value than the Venezuelan Bolivar.

While a money transfer between two parties in different African nations routinely costs more than 10 percent of the transaction's value, and central bankers are sometimes not resistant to the temptation to print more money, Bitcoin has extremely low costs as a payment settlement network and has a monetary policy that is essentially controlled by the users of the digital currency.

Japan is one of the most cryptocurrency - friendly nations, with more Bitcoin trades in yen than in any other currency.

Other questions fielded included the viability and purpose of cryptocurrencies other than bitcoin, and whether a nation state could conceivably adopt a cryptocurrency as its official currency.

Bitcoin has outpaced every single nation - state issued fiat currency by miles and continues to perform better than commodities like precious metals.