Excessive
in sentence
1494 examples of Excessive in a sentence
Previous bailout programs failed because they entailed
excessive
austerity.
During my 17-month experience as a minister, I became convinced that the SPADs’
excessive
power – and haughty approach – undermines the UK’s excellent civil service, as well as elected and appointed ministers.
In 2008, it was a combination of exploding asset prices and
excessive
household-sector leverage that fueled the global financial crisis.
Indeed, shock therapy's advocates argue that its failures were due not to
excessive
speed - too much shock and not enough therapy - but to insufficient shock.
Excessive
red tape and ineffective enforcement of competition policy and governance rules are hampering entrepreneurship throughout the region.
And in America, where confidence is now
excessive
and exuberant, who would be surprised if the economy just plain collapses following a stock market implosion.
I disagree with Heise and Hamada, but they rightly focus on the central issue – the risk that allowing any monetary finance will invite
excessive
use.
And its impact on nominal demand can in principle be calibrated: A small amount will produce a potentially useful stimulus to either output or the price level, whereas a very large amount will produce
excessive
inflation.
History provides many examples of
excessive
monetary finance, from Weimar Germany to the many emerging economies where governments have pressured central banks to finance large fiscal deficits, with high inflation the inevitable result.
So a valid argument can be made that the dangers of
excessive
monetary finance are so great that it should be prohibited entirely, even if in some circumstances it would be the best policy.
The root cause of today’s problems was
excessive
private credit growth before 2008.
Moreover, there is no reason why we cannot construct rules and responsibilities to mitigate the political risk of
excessive
use.
And in countries with a recent history of
excessive
monetary finance – for example, Brazil, which is still struggling to contain inflation amid political pressures for large deficit finance – that argument could be compelling.
Having eschewed monetary finance for too long, it now has so much public debt (about 250% of GDP) that if that debt were all monetized,
excessive
inflation would probably result.
At the time, many policymakers blamed rapid price increases on “cost push” factors, such as pressure from trade unions for
excessive
wage hikes.
This led to
excessive
debt creation, financial crisis, and now a chronic aggregate-demand shortfall, with households, companies, and governments all seeking to reduce their debt.
One of those drivers is
excessive
labor-market flexibility.
And then there is Allan Meltzer’s puerile accusation of
excessive
Frenchness.
She was especially hostile to what she saw as the
excessive
independence of the European Central Bank.
With productivity growth stagnating for almost two decades, it made sense back then to argue that the US government’s social-insurance commitments (Social Security, Medicare, and Medicaid) were
excessive
and so had to be scaled back.
The answer lies in the unprecedented challenges that China faces, including corruption, pollution, unsustainable local debts, ghost towns, shadow banks, inefficient state-owned enterprises (SOEs), and
excessive
government control over the economy.
But these benefits are diluted in China, owing to its
excessive
reliance on public funding.
When investment moves back into dollars, the currency fluctuations in these less liquid markets can become
excessive.
Excessive
currency volatility is not in America’s interest, not least because large exchange-rate depreciations in emerging markets would amplify the effects of globalization on US jobs, wages, and inflation, particularly as weaker foreign currencies make outsourcing a more economically viable solution.
Including the risk of
excessive
volatility in the global financial system tips the balance even further.
Surgeons operating manually know how much force they exert only by the way it feels; a surgical simulator, by contrast, could measure that force and indicate when a trainee is applying
excessive
or insufficient pressure.
Two bubbles – property and credit – enabled a decade of
excessive
consumption.
At the root of this turnaround is enormous credit growth, as the authorities, concerned that the earlier slowdown was excessive, encourage China’s banks to lend.
The doctor, who was a surgeon, not an obstetrician, questioned the wisdom of summoning him to treat
excessive
bleeding from a premature delivery.
The confusing tax rates,
excessive
documentation, and anxiety over the implementation of compliance requirements has prompted fears that the GST will damage people’s livelihoods.
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