Sentences with phrase «not by fiat»

«There could be changes down the line but they are going to be reached by consensus, not by fiat,» he added.

The political message is that they — backed by wealthy bondholders and depositors — should have monetary power to decide whether or not to fund governments, whose spending should be financed by borrowing, not by fiat money creation.

Not exact matches

She asked them to consider a safe harbor for virtual currency startups, and to consider only regulating exchanges that change so - called fiat currencies — or legal tender that's not backed by physical commodities like gold — into virtual ones.

Unlike modern fiat money, Bitcoin, which has often been called «cash for the Internet,» is not controlled or backed by any bank or central government authority, like the Federal Reserve, for example.

And even if some geographic locales are associated with higher productivity and growth, that doesn't mean cluster success can be manufactured by government fiat.

The renegades, inspired by 2007 — 08 financial crisis, don't trust central banks and fiat money; they want a new global currency with limited supply.

Part of the attraction of bitcoin is that it's not a fiat currency: It can't be inflated or «manipulated» by central banks; it's like gold in its limited, exogenous supply and its deflationary effects.

Not only this, but the regulatory agency has also stated that in the country of Columbia, the only medium of exchange that is deemed as legal consists of the country's fiat currency, issued by the Bank of the Republic.

Unlike in the past, when you could exchange your dollars or any other currency for physical gold, fiat currency is not backed up by anything else than a number printed on a piece of paper.

By not dealing with fiat currencies, it allows investors to readily exchange their cryptocurrency assets for other cryptocurrencies while isolating themselves from any pressure the government could put on them through the banking system.

Unlike the fiat currencies that are subject to regulation by the central authorities of the country in which they issued, the CryptoBank cryptocurrency is decentralized, and therefore is not subject to geopolitical and age restrictions.

This means that unlike fiat currencies and cryptocurrencies, OZcoinGold can not be devalued by the production of more coins.»

The definition of «fiat money» is a currency that is legal tender but not backed by a physical commodity.

If they make withdrawals through fiat currencies not supported by CEX.IO, they could be charged currency conversion fees by their bank or payment platform of choice.

Although the yuan is not convertible and therefore by definition a «manipulated currency» (is there a fiat currency that isn't manipulated?)

Or that they are not «backed» by anything despite the fact that fiat currencies are no longer backed by physical commodities either.

These attributes make Bitcoin on a very basic level not the same as a fiat cash, which is sponsored by the full confidence and credit of its administration.

Unlike in the fiat world, all transaction fees are paid for by the sender of the transaction i.e the customer, not the merchant.

not controlled by any central authority like it's the case with fiat currency.

God's grace does not operate by fiat, but submits itself to being accepted or rejected.

If I do not assert by fiat that A inheres in B under the form of memory, but try to establish memory as a real link between A and B considered as distinct entities or momentary selves,» then I must analyze the manner in which memory does, supposedly, constitute such a link.

Obviously, unified opinion does not happen by fiat.

Although both «lungs» of the Church of the Christ have experienced the tuberculosis of iconoclasm (indeed, the very term «iconoclasm» comes from the struggle of the Greek Church against the attempts of a Greek emperor to ban icons), the Greek version of iconoclasm was much influenced not only by imperial fiat but also by the surrounding sea of Muslim culture, whereas the iconoclasm of Western Puritanism was born out of Calvin's reliance on Old Testament Law.

At the same time it is impossible to revive an obsolete view of the world by a mere fiat, and certainly not a mythical view.

The Jews remain responsible for their own «can not,» which, far from resulting from divine fiat, is determined by their own desire (theolusin) to perform the lusts (tas epithumias) of the devil (8:44).

For like the practice of slavery, and like the Jim Crow laws of the not - so - distant past, the abortion issue raises the most fundamental questions of justice — questions that can not be avoided, and that can not be be resolved by judicial fiat.

For three reasons: First, world community of the sort necessary to sustain an effective world government can not be created by a constitutional fiat.

People who ask these questions have not been liberated from the concept of God as omnipotent dictator of the universe, who is responsible for everything that happens and who, if he willed, could change the course of events by sheer fiat.

In that novel, the great Russian writer shows Ivan, Aloysha, and Dmitri as caught in this dilemma of choice; and they are appraised, in their personal quality, as blessed or damned, as we might put it, not by the arbitrary fiat of a deus ex machina, but by the ineluctable working out of what they have made of themselves, what they have become, as this is evaluated in terms of what in an earlier chapter we called whatever ultimately determines and assesses true values in the scheme of things.

People who ask such questions have not been liberated from the concept of God as omnipotent dictator of the universe, responsible for everything that happens and who, if he willed, could change the course of events by sheer fiat.

In the pending court case for overturning California's Proposition 8, which banned «gay marriage,» two leading conservative legal scholars face off: Charles J. Cooper, taking the classical conservative line that organic social institutions such as marriage have an inherent value and can not be redefined by legal fiat, and Theodore Olson, taking the more libertarian line that government should simply regulate contractual relationships between individuals and not become involved in private matters.

In the pending court case for overturning California's Proposition 8, which banned «gay marriage,» two leading conservative legal scholars face off: Charles J. Cooper, taking the classical conservative line that organic social institutions such as marriage have an inherent value and can not be redefined by legal fiat, and Theodore Olson, taking the more libertarian line that government should simply regulate contractual relationships between individuals... Continue Reading»

We continue to affirm that a seminary in a university is not an ecclesiastical agency; therefore the problem of identity can not be resolved by ecclesiastical control or fiat.

To utter such a thing is to simply decry by fiat «god dun it» & that you're not genuinely interested in knowing the natural processes responsible.

I disagree with any blame pointed at Coquelin fiat enough he gave the ball away a few times but the difference is he knows his defence responsibilities he would track back cover and win the ball back... It is not his fault that he had to partner with the glory hungry Ramsey who left Coquelin to do the defending by himself..

Having physical cash available creates a psychological effect, a perception that fiat currency is something real, and not just something created by the government.

The new rules may need to be passed legislatively, not by executive fiat.

It is no more news that since the inception of this administration, some of your elected political office holders, especially the Chairmen have been removed by Executive fiat for very flimsy excuse; your chosen councillors were tagged illiterate and area boys and that they do not deserve commensurate remunerations.

We are familiar with the thesis that in a market economy there is free entry and free exit; also that policies must not be by fiat.

Common retirement funds must use free - market principles and not be mandated by government fiat to invest in risky «do good» ideals.

Meanwhile, in another document, the Former Attorney General of the Federation and Minister of Justice Mr. Mohammed Bello Adoke SAN while responding to a request by the then Secretary General of the Federation, Senator Anyim Pius Anyim, said that the CCT chairman can not be removed from by a mere fiat of the executive arm of the government.

If he so wish, let him continue to think he can remove me from that assembly, he can not do that by fiat.

Early on, Silver warned his enthusiastic landsman, «There's no legislation by fiat,» as if to say, «Don't ignore the Legislature.»

The governor is not putting any muscle into tackling the major structural conditions that facilitate rot — a part - time Legislature where lawmakers can get money from people with ulterior motives, campaign finance limits that empower the powerful, pots of money distributed by legislative fiat without public scrutiny, and near - impotent enforcement of the rules that do exist.

Any prison closure plan should be brought before the legislature for a full and open public debate and a vote and not crafted in secret and handed down by fiat from the administration,» said Tedisco.

the governor does not govern by fiat.

The Congress failed to pass the Waxman - Markey cap - n - tax bill in 2009, but President Obama has now fulfilled his 2008 campaign promise by executive fiat.

The other half sidesteps them and concentrates on scenes and relationships that breathe easily and draw us in the hard way: not by narrative fiat or bald calculation, but through well - written and shrewdly acted encounters.

But «the deference this court must extend the experience and expertise of prison administrators does not extend so far that prison officials may declare a compelling governmental interest by fiat.»

Plaintiffs who are unable to achieve their policy goals through state and local political processes should not be allowed to impose their preferences by federal judicial fiat.