Unconventional
in sentence
476 examples of Unconventional in a sentence
Like today, the interwar period had liberals who predicted that the
unconventional
response to the Great Depression would end tragically, only to be exposed as purveyors of falsehood when their prophecies did not immediately come to pass.
In hybrid warfare, conventional and
unconventional
forces, combatants and civilians, physical destruction and information manipulation become thoroughly intertwined.
In the face of this asymmetry, America’s opponents – both state and non-state actors – began to emphasize
unconventional
tactics.
Its advocates reply that the ECB does have a mandate to keep inflation close to 2%, and that it should consider all options – even highly
unconventional
ones – to achieve that target.
The Fed’s
unconventional
monetary policies have been necessary for the US.
The Fed’s chairman at the time, Ben Bernanke, reasoned that
unconventional
monetary policy would drive down long-term rates, inducing investors to shift from high-quality bonds to equities and other risky securities.
And then, presto – an
unconventional
fix magically satisfies the Fed’s long-neglected mandate to fight unemployment.
This
unconventional
approach has consistently produced groundbreaking technologies that, if successfully implemented, revolutionize a field.
Its role has expanded over time, and the Fed, along with many of its developed-country counterparts, has engaged in increasingly
unconventional
monetary policy – quantitative easing, credit easing, forward guidance, and so on – since the 2008 global financial crisis.
Now, the
unconventional
has become conventional.
With a lack of traditional rate-cutting firepower, the next downturn could be longer than usual, compelling further reliance on
unconventional
monetary policy – even beyond the negative nominal interest rates now being pursued in Europe and Japan.
Putin’s illiberal strategy of looking East while waging
unconventional
war on the West will turn Russia into China’s gas station while cutting off its economy from the Western capital, technology, and contacts that it needs.
The question now is whether a shift in focus from
unconventional
monetary policies to Keynesian demand management can save the day.
At least it’s a recovery, they claim, and a sign of healing that can be attributed mainly to the heroic,
unconventional
efforts of the US Federal Reserve.
Through its
unconventional
monetary easing, the Fed is attempting to create a shortcut around the imperative of household sector balance-sheet repair.
Here you should recall Keynes' saying: "in the street it is more acceptable to fail by conventional means than to succeed by
unconventional
ones."
But these
unconventional
policies are turning out to be a classic game-theoretic bad equilibrium: each central bank stands to gain by keeping interest rates low, but, collectively, their approach constitutes a trap.
Currency War and PeaceWASHINGTON, DC – Much of the hype surrounding last month’s meeting in Moscow of G-20 finance ministers and central bankers was dedicated to so-called “currency wars,” which some developing-country officials have accused advanced countries of waging by pursuing
unconventional
monetary policies.
But another crucial issue – that of long-term investment financing – was largely neglected, even though the endgame for
unconventional
monetary policy will require the revitalization or creation of new long-term assets and liabilities in the global economy.
Moreover, only a small portion of the liquidity created by
unconventional
monetary policy has been channeled toward households and the small and medium-size enterprises that generate most new jobs.
Anxiety over
unconventional
monetary policies and “currency wars” must not continue to dominate global policy discussions, especially given last month’s pledge by G-20 leaders not to engage in competitive currency devaluations.
Instead, global leaders should work to maximize the liquidity that
unconventional
policy measures have generated, and to use it to support investment in long-term productive assets.
Since the 2008 global financial crisis, the romance has become particularly intense, especially as the Fed has been compelled to use a range of
unconventional
measures to overcome the capital-market disruptions that almost tipped the world economy into a deep depression.
While their use of a range of
unconventional
monetary-policy tools has had benefits, it has also generated significant uncertainty, without fully stabilizing the world economy.
The central banks of the European Union, Japan, and the United Kingdom soon launched similar
unconventional
programs.
Indeed, as Reserve Bank of India Governor Raghuram Rajan has pointed out, after years of effort, the benefits of
unconventional
monetary policy are diminishing, while the costs are increasing.
Beyond the domestic sphere,
unconventional
monetary policies have had far-reaching spillover effects.
Because advanced economies’
unconventional
monetary policies have also depreciated their currencies and stimulated their exports, the risk of competitive devaluations is now a real concern.
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.”
Yet his weakness may be seen as an
unconventional
and devious strength, his solitude a deeper kind of solidarity, his imagination a shortcut to reality.
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