Sentences with phrase «debased currency»

As others have noted, PhDs are a debased currency these days.

While one may applaud Popper's conviction that real argument is preferable to the kind of suggestive observations that Wittgenstein and his followers used to throw out, Popper himself has debased the currency of argument by his indiscriminate employment of any argument that comes to hand.

Delta of course has SkyPesos... a debased currency which does have strategic uses and that I do accumulate but that can not get me excited at all, in part because of the limited quality airline products you can redeem for (and absolutely no international first class).

Price inflation forces creditors to accept repayment in debased currency.

Gold did very well during the Great Depression when FDR debased the currency.

But it is a more honest look at your return since a debased currency can often lead to higher stock prices.

We have a government that purposely counterfeits and debases the currencies and I believe that the alternative would be a competition.

Debasing currencies to obtain a trade advantage, however, is akin to the Chinese proverb, Drinking poison to quench thirst, 飲鴆止渴.

The reasons why one should sell the cat, pawn the mother - in - law, and use the proceeds to buy gold are well known: the Fed is printing money faster than you can read this, which will result in inflation; the government is borrowing like a drunken monkey, so the dollar will be devalued; this will debase all currencies, so the only thing that will save you is the shiny metal.

In general we are concerned with what appears to be an addiction to on the part of the US and EU governments to printing money, which unfortunately tends to debase their currencies.

With residential housing prices sagging it may persist for a long while, until the Fed debases the currency such that debtors can pay back their debts in devalued terms.

I think the currency is still highly regarded but the Swiss central bank is participating in the currency war and has attempted multiple times in the past couple of years to debase its currency so it does not appreciate against the euro or dollar.

These creative means of debasing the currency might do it.

Treasury will buy the trash and The Fed will debase the currency until that trash is back to trading near par.

Politicians like to pretend this isn't true... Sure, for centuries they've debased currencies while confidently assuring their gullible citizens that the pound / dollar / denarii / etc. in their pocket's still worth the same after a devaluation as before... What a crock!

But no country has ever restored itself by debasing its currency, not in the long term, not even the medium term.

If China will not allow its currency to strengthen, well then, the path of least resistance is for the US to debase its currency, leading the world in a cycle of competitive debasement / inflation.

So, when governments and central banks debase their currencies, as in the»70s, the 2000s, and create conditions where real interest rates are negative, gold flies in terms of the debased currencies, and then crashes back down if you get a Paul Volcker - type, and policy normalizes after a lot of pain, which this generation seems unwilling to take.

Central Banks around the world are bound and determined — either through actions or words to debase their currency.

But I think there's a price to be paid, in terms of the offensive element for Holocaust survivors, and it also debases the currency of genocide.

The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.

The problem is that many of them fail to achieve that goal and end up debasing the currency, in the form of excessive inflation like Venezuela's, or create harmful deflation, as with Argentina's currency peg in 1991.

Not exact matches

Regardless of whether it is implemented via an emperor surreptitiously reducing the precious - metal content of the coinage or by the banking system (the central bank and the commercial banks) creating new currency deposits out of nothing, monetary inflation is a method of forcibly transferring wealth from the rest of the economy to the first users of the new or debased money.

However, if print money endlessly, you debase the value of your own currency by creating a never - ending increase in supply, thereby driving the price down.

We have Russia, we have China and we have Brazil, we have India, we have countries that are outside of the formal developed countries with their currencies where they are debasing it, that is the developed countries.

Central bankers around the world are debasing fiat currencies with rounds of quantitative easing, resulting in trillions of government bonds being purchased and swapped.

He went on to say that the Evangelicals should work and pray that this deliberate debasing of Christian currency cease and that reformation of the social order not be substituted for salvation.

Now it is time to pay the piper and the entire economy of Britiain is being liquidated, asset - stripped and monetized and its currency thoroughly debased in order to bail out the bankrupts.

And in a broader environment where central banks globally continue to face the temptations of a race to debase, currency hedging offers a way to limit the impact of macro-economic policy missteps, too.

The main question here is the demise of «Bretton Woods II» where the rest of the world uses the US Dollar as the main reserve currency, while the US continues to debase the dollar through the issuance of more dollar claims.

Currencies that are backed by precious metals tend to experience less inflation, but many governments using such currencies debase the metals or clip Currencies that are backed by precious metals tend to experience less inflation, but many governments using such currencies debase the metals or clip currencies debase the metals or clip the coins.

The critic Robert Hughes recently denounced him in a lecture to the Royal Academy, and this week, writing in the Guardian, again lambasted a debased art world «swollen with currency».

Skycoin is setting the gold standard of the crypto economy by creating a cryptocurrency that is not prone to the speculation and inflation that debases crypto and fiat currencies.

For example, in the U.S. Bitcoin is more of an asset or store of value, but in Venezuela, where the currency has been totally debased, Bitcoin is a life - saving payment system.

One of Bitcoin's greatest value propositions is its known «set in stone» monetary policy and, unlike traditional government issued fiat currencies, no person or organisation can debase the value of bitcoin by printing more money.