Even though distant branches often have no money to dispense, the bank's removal would destroy any stirrings of a money economy.
Over half the Russian people today subsist outside of a money-economy system, surviving by barter and by getting whatever food they can from relatives, friends and neighbors or from what they grow on patches of land in the countryside.
Many parts of the nation were not even on a fully money based economy.
At first glance, the idea of "bitter money" looks like a legacy of a traditional society--a relic that has nothing to do with the way consumers and investors handle money in a modern economy.
Anticipating that the Federal Reserve would be forced to print a lot of money to revive the economy, Bridgewater placed a number of bets that would pay off in such a scenario for instance, going long Treasury bonds, shorting the dollar, and buying gold and other commodities.
At the same time, the parties would need to work out an agreement on how to lower our deficit without throwing the economy into a tailspin by abruptly removing too much of the large amounts of money the government spends in our economy each and every year, money that comprises a significant contribution to our GDP.
This posits that there is a tradeoff between economic growth and inflation: that to gin up an economy a central bank must print more money (which eventually leads to more inflation), and that to bring inflation down a central bank must tighten money (which slows down the economy).
The point about money in a free economy is that it confers freedom on the owner: he can use it how he likes, when he likes.
This is affordable, because the group is minting money in a booming economy, but Mr Shan is opposed in principle to the unequal treatment of different shareholders.
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In fact, the lack of a single market in money is a serious blockage in the economy that can have a direct effect on companies.
Investors should be aware that he will do whatever it takes to avoid a collapse of the money supply and a double dip in the economy.
New clients in particular are easily swayed by the argument that muni bond default rates have been historically low, so they are a safe place to park your money until the economy fully recovers, and earn a decent return.
We've pointed out that the Federal Reserve lowered interest rates three quarters of a percentage point in effort to flood the economy with money and stave off a recession, or - if we're already in one - a worse recession.
But when the economy is ravaged by a loss in velocity--literally, the speed with which money makes its way through the economy--a revival in consumer spending is the key leading sign that the economic pain is soon coming to an end.
That froth will be skimmed away by tighter money and a slowing world economy.
In short, a growing economy needs more money while a shrinking one needs less since slower growth means less money demand.
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The central bank said conditions are likely to warrant exceptionally low interest rates until mid-2013, but investors may have ignored the fact that the rationale behind the free money policy is a domestic economy that is at renewed risk of grinding back to a halt.
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Thanks to a strong economy, lots of money was shovelled into teachers' pay and revamping decaying school buildings.
Even allowing for the time delays and the slower circulation of money in a more slowly moving economy, it seems as though monetary shenanigans which started in 2007 should have been felt by the summer of 2012.
The country is walking what amounts to an oil-slicked tightrope: the austerity packages designed to cut spending and reel in more bailout money from its European brethren are also a brake on growth that keep the economy from producing enough money to reduce the deficit and meet the criteria for any additional loans.
Does the President see a need for new money to boost the economy this year?
Because even in a down economy, people will spend money to be a part of history.
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The trellis underpinning such rosy reckonings is a booming world economy awash with cheap money.
The House hopes that by pumping more money into the economy, a deeper recession can be avoided.
Spending cuts on the other hand, will pull a great deal of money out of the economy.
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Despite pumping a stunning amount of stimulus money into the economy, private-sector jobs have yet to materialize.
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LDP's leadership contest this autumn with public money enlivening the economy and a rather impressive policy record.
However, money is a powerful force in the economy, and Federal Reserve policy errors can frustrate even the best efforts of American workers and investors.
They start businesses and buy foreclosures and speed the velocity of money around the economy with a gush of pent-up desire to consume after years in the desert.
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Occasionally they would advocate reducing income-tax rates--as they did with President John Kennedy in the early 1960s--but only as a means of pumping more money into the economy.
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