And exchange rate adjustment has usually been a key policy tool to ensure this re-allocation.
On the other hand, the Buffet rule is just a convenient way to gather support for the tax-rate adjustment.
More broadly, in the United States, for example, the dollar made artificially expensive by capital inflows related in part to its reserve currency status has prevented the exchange rate adjustment needed to balance our trade in goods and services.
This is key because if you carry a balance on a business card you could all of a sudden find yourself having to make higher monthly credit card payments simply because your credit card company suddenly chose to increase profitability with a surprise interest rate adjustment.
FORBES: How Personal Credit Cards Can Outperform Their Business Counterparts
The way the system works is you automatically get a cost-of-living adjustment based on the inflation rate.
The historical average rate (after an adjustment for inflation) is roughly 3.25 to 3.5 percent.
This inflation adjustment is added to the fixed rate to get the composite rate for each succeeding six month period.
The relationship between portfolio adjustment and the euro's exchange rate is complicated.
This is the value of an exchange-rate peg in an economy such as Hong Kong's: adjustment to external shocks takes place through changes to domestic prices, rather than through exchange-rate levels.
They recognized that this is important in China that the -- the exchange rate to absorb more of the adjustment.
"That's somebody who we would try ... because they were current before the adjustment, to go back to that original rate, and fix it at that for the rest of the term, " del Rio says.
My seasonal adjustment (hand tuned) suggested that the rate of inventory decline had not changed significantly in the last two years or so and that there was no particular reason to think it was changing right now.
So, when we add the 0% fixed rate and the 4.6% inflation adjustment, we get the current 4.6% composite yield.
That rate remains in effect until the next inflation adjustment takes effect.
As with an external deficit, adjustment to a related internal deficit is ultimately the same under any exchange rate regime.
If the government tries to stave off that adjustment by massive fiscal means, it might delay the further interest-rate cuts that financial markets expect in coming months.
Not until page 30 of the 84-page document can investors determine that they also will incur an "accrued holding rate" of 0.7% (adjusted quarterly) and an "accrued index adjustment factor" fee of 0.5% implying a total annual cost of 1.65%, or more than triple the reported fee.
And the timing could not be more critical, what with the unemployment rate for young military veterans having recently risen as high as 27 percent (nearly three times the national average) and CBS News 60 Minutes reporting that the difficult adjustment to work and home-life, plus present economic realities, are contributing to a growing homelessness rate among veterans.
FORBES: Sports And Helping Military Veterans Transition To The Private Sector
If not, Davis says you can go one of two ways: for a conservative investor, one who is not comfortable with the ups and downs of the market, a 401k account can see a low return rate of 2 to 3%, which he points out is often not enough to cover the inflation adjustment for retirement.
应用推荐