The real depreciation necessary to restore external balance would drive the real value of euro debts even higher, making them even more unsustainable.

The rationale used in developing the depreciation scales is presented in appendix II.

The extent of creditor countries losses would depend on the extent of the depreciation, giving them an interest in keeping the depreciation within bounds.

Restoring sustained growth requires real currency depreciation.

Having promptly achieved depreciation, it may have succeeded.

And that means further depreciation of the dollar.

In principle, such a depreciation against all of the world s currencies is manageable.

Simply put, there must be dollar depreciation to keep global imbalances in check.

But that is logically flawed even with deflation, real purchasing power would fall, and the real value of debts would rise (debt deflation), as the real depreciation occurs.

But that is logically flawed even with deflation, real purchasing power would fall, and the real value of debts would rise (debt deflation), as the real depreciation occurs. More importantly, the exit path would restore growth right away, via nominal and real depreciation, avoiding a decade long depression.

There is entertainment value in the chaos.

You'll see there is value in this.

The two books are equivalent in value.

The two books are equivalent in value.

Dollar depreciation improves Europe s terms of trade and real income.

Depreciation of the enterprise s fixed assets is around 60 70 .

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Maximum value

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The value of freedom. It's a value of community.

So we expect a substantial depreciation premium on US interest rates.

Finally, the euro could fall sharply in value.

The euro fell in value with this news.

It's a value of the limits in regulation.

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What do you value most in a friendship?

What do you value most in a friendship?

But they value things like fun. And they value creativity.

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We value punctuality.

But, in the absence of complementary action, depreciation whether engineered or market driven will make matters worse.

A huge yen depreciation and sizeable decline in the dollar would hit European competitiveness and growth hard.

The depreciation that followed the crisis helped accelerate recovery by boosting exports.

To clear a previously set value use none as the value.

Once the music stopped, the assets plunged in value.

In your cause, when do our lives have value?

In the West, we value clear writing and transparency.

Yet financial markets are not pricing dollar depreciation and a rise in long term US interest rates accordingly.

Chile made its transition to high growth in the 1980 s on the back of a large depreciation.

Display value of XPaths

The Value of Choice

Its value had trebled.

We value our customers.

We value your advice.