Under the regime of fiat currency these ratchets are irresistible as they are powered and amplified by speculation. |
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Then, the court heard that lawyer Alberton Richelieu had applied for a fiat to prosecute the matter. |
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The only thing worse, in Rothbard's estimation, was fixed exchange rates based on fiat money and international coordination. |
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A monetary regime of uncontrolled fiat money and Credit requires strict central bank regulation of lending and speculative excess. |
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Our 58-year transfer to fiat money was clearly not authorized by the Constitution. |
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Most modern currencies are fiat currency, allowing the coins to be made of base metal. |
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The global fiat currency is based on nothing more than a lick and a promise and long-term it's headed toward complete restructuring. |
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Without continuous and increasing demand, any pure fiat system is dead on arrival. |
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Grasp a medicine ball in both hands, then sit on a stability ball with your knees bent and your feet fiat on the floor. |
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All they have is administrative fiat which fails any of the canons of the rule of law. |
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This is an object lesson in the perils of trying to improve prose style by legislative fiat. |
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The Attorney-General has granted a fiat in order for them to have standing. |
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In the United States, emergency room service works by queuing, the allocation of scarce vaccine is by bureaucratic fiat. |
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It was created virtually by dictatorial fiat and remains in existence by virtual dictatorial fiat. |
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Among the most gruesome consequences of fiat money, and of paper money in particular, is its ability to extend the length of wars. |
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Then, add fiat money and foreign exchange controls to the mix and it's no wonder investors and the press get so mixed up. |
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Under the fiat money system the FED has arrogated unlimited powers to itself, namely, the power to print unlimited amounts of money. |
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When you count up five letters in the alphabet, you must place a sharp or a fiat, depending on where you are in the circle. |
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Getting a rush of blood to the head and trying to force through projects by executive fiat can, and will, backfire. |
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This reality of fiat currency is very difficult for many people to grasp but it's not quite the magic pudding that perhaps it appears to be. |
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It is a fiat standard, unbacked and irredeemable, which can be inflated and depreciated at will. |
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It does put us in a difficult position if in a sense the submissions are going to a de facto challenge to the fiat. |
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The economics profession is a fiat phenomenon in the same sense as inconvertible paper money. |
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The coming global financial failure may finally put an end to central bank created fiat money, and create the opportunity to return to Gold as the only secure base for money. |
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Yet these and other early experiments gave fiat money a deservedly bad name. |
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It poses a tangible threat to centralised banking and the guardians of fiat money. |
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It also illustrates the broader collapse of trust that is threatening the world of global banking and fiat money. |
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Bitcoin-boosters like to point out that, unlike fiat money, new Bitcoins cannot be created at whim. |
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In the case of a wartime emergency, for example, the monetary authority could issue fiat money to capture seigniorage revenue. |
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The Bretton Woods monetar y system collapsed in 1971 and since then the currencies of the major economies have remained pure fiat money. |
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The advent of paper fiat money in Europe marked the beginning of a new phase in the evolution of money. |
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Since the adoption of fiat money approximately two centuries ago, the monetary system has undergone great change. |
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A bleak future Swabian gadfly A novel idea Soaking it up A poisonous mix Heading for a fall, by fiat? |
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The obvious thread is that all three countries are sovereign issuers of a fiat currency in which their bonds are denominated. |
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In general, big social controversies are better settled democratically than by judicial fiat. |
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So, I am afraid that we cannot rule by fiat or by dictat in this Community. |
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But the Stalinist misrulers are hostile to any expression of workers democracy, substituting arbitrary administrative fiat in its place. |
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Moreover, exchange rate changes are not simply matters of administrative fiat. |
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However, economic planning in the USSR was not based on the democratic input of the workers, but on bureaucratic fiat. |
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The priest is called to match the fiat of Mary at all times, allowing himself to be led by the Spirit as she was. |
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The comments by the fiat COO had received attention and been mentioned often by voters on the campaign trail. |
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In January 2013, fiat announced that it was shifting production for the China market to China. |
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Advani's appointment as negotiator with the APHC, a source present at the meeting said, was presented as a fiat, and was not the outcome of discussion. |
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On the other hand, they were resolutely opposed to government-issued paper money, fiat money, legal tender laws, inconvertible paper currency, and land banks. |
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Implemented at a national scale, fiat pricing does not seem to be a sure-fire strategy for holding down cost growth. |
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Even many radically liberal activists in the United States believe that their agenda should be put into force by suasion and democracy rather than judicial fiat. |
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In a world of fiat money and a growing mountain of marketable securities, credit is virtually money, and certainly money is little more than credit. |
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Samuelson concentrated on just one such asset, namely, green pieces of paper called fiat money, which provided no utility whatsoever and yet sold for a positive price. |
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Coinbase and vault of Satoshi both allow users to purchase Bitcoin with dollars and other fiat currency. |
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It is deep time that opens a new view of nature, which if it lacks the Divine fiat, the miraculous and providential, is no less sublime in its own way. |
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Satan first scouts the Edenic territory in the shape of a beast and then addresses Eve while inhabiting the body of a serpent, to convince her to disobey God's fiat. |
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He had urged the immediate creation of the national intelligence post and promised that if elected he would enact the commission's recommendations by executive fiat. |
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Strategies evolve to counter one another, and better to encourage experimentation than to calcify tradition by fiat. |
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By all accounts, reform of the DMCA's catch-all circumvention fiat is long overdue. |
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Creativity at work can not be mandated by fiat from a higher authority. |
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Since the solemn invocation of the Holy Spirit and the eloquent gesture of humility during our priestly Ordination, the fiat of the Annunciation has resounded through our life. |
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Therefore, the Liberals would reinstitute a Law Commission of Canada and protect it in such a manner that it could not be dismantled by administrative whim or fiat in opposition to the needs of the people of Canada. |
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As the fiat money pyramid crumbles, gold retains its luster. |
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Silas bucked a massive kickflip over the water and Stefan sailed a beaut of a frontside flip off the kicker to the fiat bank. |
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The first act of obedience on the part of the creature is that of coming into existence in conformity with the divine fiat that calls one into being. |
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Legislative control of the fiat money supply is far from the ideal monetary system. |
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This happened in a world economy based on fiat money, dollar reserves, dollar-denominated commodities and debt and a rising US dollar. |
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Today the Fed has virtually unlimited power and the dollar is a pure fiat money. |
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In many respects, the adoption of low inflation as the prime target of monetary policy is a domestic fiat money rule that evokes the convertibility principle that prevailed under the gold standard. |
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If Brian Leveson had suggested that the government of the day be able to impose exemplary damages and costs on a fiat and a whim, there'd have been the devil to pay. |
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In 2002, the euro was introduced as fiat money and in 2010, the Netherlands Antilles was dissolved. |
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Song Dynasty China introduced the practice of printing paper money in order to create fiat currency. |
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It has come from the top by fiat, by arbitrary cases, like the first case on a patent on a life form: the 1980 case where General Electric got the first patent, or in the case of the WTO tariffs agreement. |
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The Romans imposed on Egypt the tetradrachm, a fiat currency worth about four times its metallic content. |
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Semantic intentions do not, indeed, succeed by fiat, but neither do categorial ones, and the reasons are the same in both sorts of case. |
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The overriding principle was that laws should be made with the agreement of those directly affected by them, and not by some detached autocrat acting by fiat. |
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A small group of committed cultural mediators may or may not reflect the philosophy or priorities of the institution and could be sidetracked by administrative fiat. |
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They can be unmade by judicial fiat, but it feels awfully cruel to do so. |
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The adoption of fiat currency by many countries, from the 18th century onwards, made much larger variations in the supply of money possible. |
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Systems that handle the problem of diversity, doubt and uncertainty by totalitarian fiat and the authority of terrorist violence may be comforting to some but are broadly repudiated by majorities in most nation states. |
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This tendency towards fiat money led eventually to the debasement of Roman coinage, with consequences in the later Empire. |
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Had this place been offered – let's say – in spite of inadequate exam results, through some compensatory fiat of social engineering, I would also have been appalled. |
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Today, most national currencies have no backing in precious metals or commodities and have value only by fiat. |
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The only safe asset, as these fiat cash and reserve liabilities explode higher, is the one that has at least a chance of generating positive real returns equity capital. Can cheap money prop up share prices in the long run? |
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With the removal of precious metals from the monetary system, banknotes evolved into pure fiat money. |
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What he seeks is nothing less than to unwrite the Fall, to unwrite the theological fiat that made desire and language the twinned signs of our distance from what was. |
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A popular attitude toward fiat money among the colonists was remarkably similar to that which apparently prevails in government and financial circles today. |
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Since he lent out his book of jobs available, he decided to pole his way down river having a nice time reading about everything from lima beans to the Pope's latest fiat. |
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Although the mechanism differs from country to country, most use a similar mechanism based on a central bank's ability to create as much fiat money as required. |
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