Larayedh vowed to protect against excessive inflation, develop the economy, fight crime and boost development.
Apprehensions about the activities of the Chinese government, including talk that it might hike interest rates to dramatically slow its globally important economy and ward off threatening excessive inflation in China.
It raises the risks of the overspending, excessive credit and inflation that have spurred past emerging-market crises.
Mr Tsvangirai rose to prominence in the late 1990s, leading strikes to protest against excessive taxation, inflation and corruption.
The world downturn will be led by problems in the US housing market, but the IMF warns that excessive house price inflation in some European countries, including Spain, Ireland and the UK, has made them more vulnerable to a slowdown.
Rising foreign-exchange reserves boost the money supply, causing higher inflation and excessive bank lending.
They acquired great resonance in the 1970s, when inflation and excessive government borrowing and spending had become the norm.
Eventually it was realised that the ultimate result of too much stimulus was higher inflation and excessive government involvement in the economy.
Thus interest rates should be raised to curb excessive credit growth even if inflation remains tame.
Whether at 90% of GDP or more, excessive borrowing has often fueled inflation or stunted economic growth (with one major exception).
That risks the ills that have felled emerging markets in the past: excessive credit, government spending and inflation.
As sterilisation has become less effective, excessive credit growth is pushing up inflation and causing overinvestment in property, especially in China.
ECONOMIST: A further steep decline in the dollar seems inevitable
Messrs Borio and Lowe argue that central banks need to pay more attention to excessive growth in credit even when inflation is subdued.
ECONOMIST: Yesterday's financial architecture needs refurbishing
The bank's forecasts imply that so deep a cut would be excessive, since it would leave inflation above the 2.0% target at the two-year horizon on which the rate-setters fix their gaze.
The main risk of excessive growth is not a surge in inflation, but the inability of China's financial system to allocate capital efficiently.
When hard times come, central banks may be able to raise interest rates, prevent excessive currency volatility and stick to their inflation targets.
Inflation expectations are driven by excessive money growth.
FORBES: Bernanke Administers Another Cruel Dose Of Financial Morphine With QE3
It is therefore increasingly likely that they will escape their excessive debt burdens via currency weakness, then inflation.
They were a way to keep down inflation, but they also encouraged excessive borrowing in foreign currencies, creating strains that eventually broke the currency peg.
Normally, massive Fed lending and asset purchases along with large budget deficits would be highly inflationary, but, so far, these actions have not led to excessive money creation, which is what causes inflation.
FORBES: What Ben Bernanke's Getting Right, And What He's Getting Wrong
However, the Consumer Council for Water, a watchdog which represents customers, suggested that this inflation link had allowed companies to make excessive returns.
IR You correctly recognise one of the key causes of asset-price inflation during the past three years excessive leverage by noting that margin debt has doubled since 1996.
Historically, inflation has risen when money supply growth is excessive.
Every economic disaster during the last 100 years has its origins in bad government economic policies, from the Smoot-Hawley Tariff, which triggered the Great Depression, to the Federal Reserve's excessive printing of money, which brought us the Great Inflation of the 1970s and the recent housing bubble.
This, in turn, produces excessive growth of nominal GDP (NGDP), and accelerating inflation.
FORBES: The Fiat Dollar: As Unreliable As My 1971 Fiat 124 Sedan
We are afraid of excessive debt, taxes, spending, monetary expansion, and inflation.
Excessive rises in asset prices can be as dangerous as conventional inflation.
In many cases of past rebalancing, an undervalued exchange rate also led to excessive growth in money supply, making it harder to tame inflation.
This, he said, is one reason why they should keep a close eye on excessive growth in money or credit as well as on their inflation target.
Critics have, for example, worried that it will lead to excessive increases in the money supply and ultimately to significant increases in inflation.
应用推荐