The critics assume implicitly that all the expansion on the asset side of the Fed's balance sheet is offset by monetary liabilities, which simply isn't true.

FORBES: Magazine Article

To offset those losses, banks are shoring up balance sheets by cutting back on lending and dumping bonds and other assets in the markets.

WSJ: World's Woes Leave Lasting Scars

The English regions could form provinces to provide a balance to their Scottish, Welsh and Northern Irish counterparts and to offset arguments about a monolithic England dominating the rest.

ECONOMIST: St George's new dragon

It said immigration was needed to help offset a slowing birth rate and ageing population, and it needed to find a balance between the number of Singaporeans and foreigners in order to sustain its rate of economic growth.

BBC: Rare mass rally over Singapore immigration plans

The decline in exports, partially offset by a smaller decline in imports was not good, both in terms of our own trade balance, but also for what it implies about softening world trade.

FORBES: Fourth Quarter GDP: It's Just A Number