Drops
in sentence
427 examples of Drops in a sentence
As the curtain drops, two developments will greatly influence the withdrawal process and the ultimate outcome.
But talk of such “helicopter drops” of newly printed money has produced a strong counterattack, including from Michael Heise, the chief economist of Allianz, and Koichi Hamada, the chief economic adviser to Prime Minister Shinzo Abe and one of the architects of Japan’s “Abenomics” economic-recovery program.
That is not to deny important complexities in implementing helicopter
drops.
The only powerful argument against helicopter
drops
is the one that Heise and Hamada stress – the political risk of overuse.
But the contrast between bank profitability and the woes of everyone else turns up the political heat on the central banks, which have to explain why it is only their “friends,” the banks, who are standing under the helicopter when it
drops
money.
Instead of viewing all of this as motivation to back away from unconventional monetary policy, however, some economists are recommending that the ECB and the BOJ pursue an even more extraordinary policy: so-called “helicopter drops.”
But helicopter
drops
are highly risky.
Given the difficulty of regaining lost sovereignty and credibility, central banks must keep helicopter
drops
as a last resort.
Former Federal Reserve Chairman Ben Bernanke, among others, has offered influential support for “helicopter drops” to revive flagging economies.
In the 2013 episode known as the “taper tantrum,” the mere hint that the Fed might slow the pace of its bond-buying program triggered large capital outflows and asset-price
drops
in most emerging economies.
We saw helicopters attempt aerial drops; landing is impossible in most places.
Such steep price
drops
forced America’s rare-earths phoenix, the mining corporation Molycorp, to shut down operations in 2002.
Jumpstarting Europe’s EconomyPARIS – Not so long ago, the notion of the European Central Bank handing out money to governments or directly to citizens – so-called “helicopter money”
drops
– would have seemed outlandish.
That is why some economists are urging the ECB to go even further, with so-called “helicopter drops” – that is, financing private consumption by printing money.
In practice, helicopter
drops
would arrive in the form of lump-sum payments to households or consumption vouchers for everybody, funded exclusively by central banks.
The proponents of helicopter
drops
today include some eminent figures, including former US Federal Reserve Chair Ben Bernanke and Adair Turner, former head of the United Kingdom’s Financial Services Authority.
And while ECB President Mario Draghi has highlighted the technical, legal, and accounting obstacles that stand in the way of helicopter
drops
by his institution, he has not ruled them out.
While helicopter
drops
are a viable policy option if deflation is spiraling downward, as it was in the late 1920s and early 1930s, that is not the case today – neither in the eurozone nor in the global economy.
Add to that the impact of the depletion of valuation reserves and the risk of negative equity –developments that could undermine the credibility of central banks and thus of currencies – and it seems clear that helicopter
drops
should, at least for now, remain firmly in the realm of academic debate.
But when its score is adjusted for inequality, it
drops
23 spots – among the largest such declines for any highly developed country.
When interpreting sharp
drops
in stock prices and their impact, many will think back to 2008 and the market turbulence surrounding Lehman Brothers’ bankruptcy filing.
Shareholder democracy simply does not work, but managers’ fear that if the stock price
drops
too low they will be out on their ears provides a useful restraint.
As the region moved from hard exchange-rate pegs to floating rates, Asian currencies plunged – with
drops
against the dollar ranging from 28% in South Korea and roughly 37% in Thailand, Malaysia, and the Philippines to almost 80% in Indonesia.
Thanks to international and national policy interventions, their currencies and banking systems were saved from collapse, but many of them saw massive output
drops
and soaring unemployment.
The psychology has suddenly changed, creating widespread fear of sharp
drops
in US home prices.
Why are we seeing such big price
drops?
Assuming that the poor use much less water, the monthly cost of conventional network technologies
drops
to $20 – still a significant outlay.
A textbook response suggests that a government should adjust fiscal expenditures in response to permanent (or very persistent)
drops
in export and budget revenues.
The problem is that the rate
drops
sharply from 71% to 57% among women in their 30’s, as inflexible working environments and a lack of affordable childcare undermine their ability to continue investing in their careers.
Unfortunately, a few
drops
spilled on participants’ programs could be water’s most meaningful appearance on the summit’s agenda.
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