The United States needs to restore the monetary constitution and adhere to rules that limit the fiscal and monetary powers of government.
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The framers, having just experienced the horrors of the Continental currency (which had been used to finance the War of Independence) opted to limit federal monetary powers to coining money, which for legal tender purposes they defined as gold and silver.
When standard monetary-policy responses reach their limit, fiscal options, such as cutting taxes and increasing public spending, come into play.
The Monetary Authority will enforce an 80% limit on mortgage loans -- the ceiling in Hong Kong is 70% of the property's assessed value.
Whether we like it or not, it is all about the money and the scope for endless Euro Monetary Aid has just about reached the limit.
He incurred the wrath of the International Monetary Fund and the financial community by unilaterally declaring a limit on debt repayment equal to 10% of the Gross National Product, isolating Peru from international financial markets.
Under their single European monetary policy, euro-zone countries have already agreed to limit their budget deficits and to respect broad guidelines in making economic policy.
Those who see higher prices said the underlying fundamentals of ultra-loose monetary policy and strong physical buying interest, especially from China, may limit losses.
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Each of these policies would help to raise short-term interest rates and limit the growth of broad measures of money and credit, thereby tightening monetary policy.
Fundamentally, notions of a fresh U.S. monetary stimulus package from the Federal Reserve in the coming weeks or few months will likely limit the upside for the dollar index.
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