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Excess in sentence

901 examples of Excess in a sentence

In the US, quantitative easing did not boost consumption and investment partly because most of the additional liquidity returned to central banks’ coffers in the form of excess reserves.
The Financial Services Regulatory Relief Act of 2006, which authorized the Federal Reserve to pay interest on required and excess reserves, thus undermined the key objective of QE.
As a result, excess reserves held at the Fed soared, from an average of $200 billion during 2000-2008 to $1.6 trillion during 2009-2015.
Instead of effectively encouraging banks not to lend, the Fed should have been penalizing banks for holding excess reserves.
In the IPL’s glitz, glamour, and excess lay an antidote to the hidebound statist mentality that had produced economic stagnation in India in the past.
Mill saw that excess demand for some particular set of assets in financial markets was mirrored by excess supply of goods and services in product markets, which in turn generated excess supply of workers in labor markets.
If you relieved the excess demand for financial assets, you also cured the excess supply of goods and services (the shortfall of aggregate demand) and the excess supply of labor (mass unemployment).
Now, there are many ways to relieve excess demand for financial assets.
When the excess demand is for liquid assets used as means of payment – for “money” – the natural response is to have the central bank buy government bonds for cash, thus increasing the money stock and bringing supply back into balance with demand.
When the excess demand is for longer-term assets – bonds to serve as vehicles for savings that move purchasing power from the present into the future – the natural response is twofold: induce businesses to borrow more and build more capacity, and encourage the government to borrow and spend, thus bringing the supply of bonds back into balance with demand.
When excess demand is for high-quality assets – places where you can park your wealth and be assured that it will still be there when you come back – the natural response is to have credit-worthy governments guarantee some private assets and buy up others, swapping them out for their own liabilities and thus diminishing the supply of risky assets and increasing the supply of safe assets.
Yes, it argues, having governments spend more money and continue to run large deficits will increase the supply of bonds, and thus relieve excess demand for longer-term assets.
Despite all this, massive excess bank reserves remain unlent.
The other path holds great opportunity: America can adopt a new growth strategy – moving away from excess consumption toward a model based on saving and investing in people, infrastructure, and capacity.
The sound principle is excess collateral.
Given the high levels of excess capacity and unemployment in Europe and America, quantitative easing is unlikely to trigger a bout of inflation.
Politics aside, property bubbles leave in their wake a legacy of debt and excess capacity in real estate that is not easily rectified – especially when politically connected banks resist restructuring mortgages.
The ultimate irony is that there are simultaneously excess capacity and vast unmet needs – and policies that could restore growth by using the former to address the latter.
Or else they can wait until the overhang of excess capacity diminishes, capital goods become obsolete, and the economy’s internal restorative forces work their gradual magic.
It is estimated that around $27 billion a year in subsidies to the fishing industry worldwide have generated excess fishing capacity that exceeds by a factor of two the ability of fish to reproduce.
The Chinese government has promised for years to reduce excess steel capacity, thereby cutting the surplus output that is sold to the United States at subsidized prices.
The US tariffs will balance those domestic pressures and increase the likelihood that China will accelerate the reduction in subsidized excess capacity.
In the short run, there are very few: Saudi Arabia – the only OPEC producer with excess capacity – could increase its output, and the US could use its Strategic Petroleum Reserve to increase the supply of oil.
But by 2007, Greece was spending more than 14% of GDP in excess of what it was producing, the largest such gap in Europe – more than twice that of Spain and 55% higher than Ireland's.
When the collateral that underpins excess leverage comes under severe pressure – as was the case for Japanese businesses in the early 1990’s and American consumers in the mid 2000’s – what Koo calls the “debt rejection” motive of deleveraging takes precedence over discretionary spending.
Hyun Song Shin of Princeton University proposed a theory of excess liquidity in a paper with Tobias Adrian that he presented last month at the Bank for International Settlements in Brunnen, Switzerland.
Other films cast excess as nauseating.
In a parallel plot aimed at women, the movie “Bridesmaids” features a bride-to-be who is about to get “everything” – in the guise of a dull but extremely affluent groom – but flees the excess around her and escapes to her humble apartment.
And excessive lending to the corporate sector, particularly in manufacturing, has led to massive excess capacity and a growing mountain of bad debt, suppressing growth.
All this led to average growth rates well in excess of 4%.
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