Bankers concede to me that - in these more anxious times - they can't be certain that the downgrades will have zero effect on their ability to borrow.
BBC: Downgraded UK banks, bonuses and Bank of England support
He goes on to say that the problems have zero effect on the timeline for awesome new features previewed at MWC last month, which would seem to allay fears that the Mango update had been pushed to 2012.
All this shifting of wealth is a zero-sum game and the net effect on incomes is usually zero, or even negative.
The Federal Reserve, having lowered short-term interest rates in effect to zero, has intervened in bond markets to push down long-term mortgage rates as well.
Sometime later, as the gap narrows between what the Japanese economy is capable of producing and what it is actually producing, the bank wants to end its policy of keeping interest rates, in effect, at zero.
ECONOMIST: There's still no alternative to the Koizumi doctrine
He said he thought it defeated the aim of increasing tax revenue to fill the gap due when a zero rate of company tax takes effect.
BBC: NEWS | Europe | Jersey | Population sees increase of 400
My best guess would be that their calculation gives us an upper bound and the actual effect will be above zero but lower than their number.
FORBES: Links 11 Sept: Apple's iPhone 5 Could Add Half A Percent to US GDP
Meanwhile, in the South, watch for a zero-income-tax domino effect.
However, if people divert what they would have spent on something else into the purchase of an iPhone then the effect on GDP will be zero.
FORBES: Links 11 Sept: Apple's iPhone 5 Could Add Half A Percent to US GDP
But Princeton Lyman, of the Council on Foreign Relations, says the net effect of all this pressure has been zero.
You would think that the zero to 0.25% federal funds rate in effect since December 16, 2008 would have helped, but it has not.
Among economic historians there is a growing consensus that guilds in Europe lost their ability to block new technology once society realised that innovation had a beneficial effect on humanity, and was thus not a zero-sum game.
FORBES: IBM's Watson: Maybe The Doctors Will Strangle It At Birth
Well, yes, a little breathless there for the actual effect of the CDS market is going to be around zero.
Since some of this debt is due for repayment next year, the Bank of England has a deadline for deciding whether to roll it over into a perpetual zero-interest debt - which would be seen as, in effect, writing off the debt.
It now appears that the net effect of all this aid is somewhere around, well, somewhere around zero in fact.
FORBES: Jeff Sach's Millennium Villages Showing Zero Results
Proponents of the minimum wage such as John Schmitt, a senior fellow at the Center for Economic and Policy Research in Washington, like to argue that the mean effect of the minimum wage on jobs for low-skilled workers is close to zero.
FORBES: The Minimum Wage Delusion, And The Death Of Common Sense
应用推荐