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The mighty currency encouraged additional mostly speculative- capital flows into dollar-denominated assets, exacerbating the current account deficit. A strong dollar keeps the lid on inflation mainly by rendering imports cheaper. It, thus, provides the central bank with more leeway to cut interest rates.
But though this rise of price in a foreign commodity, may encourage domestic industry in one particular branch, it necessarily discourages that industry in almost every other. The dearer the Birmingham manufacturer buys his foreign wine, the cheaper he necessarily sells that part of his hardware with which, or, what comes to the same thing, with the price of which, he buys it.
A roar of ridicule rose from the cheaper part of the house. Jackman sprang to his feet, ran across the ring, and made another attempt; and failed again. The roar of mockery rose now like one vast derisive cheer. Jackman, glaring round the audience, his lips drawn from his teeth in a snarl, waited till the horse came round, then struck at it, as if to show that the animal and not he was in fault.
Pendleton to see only the thing she wanted to see in every occurrence, was but partially developed as yet in Virginia; and while she stood there in the midst of her unromantic surroundings, the girl shuddered lest Oliver Treadwell should know that she had ever waited, hot, perspiring, with a draggled skirt, and a bag of tomatoes grasped in her hands, while her mother wandered from stall to stall in a tireless search for peas a few cents cheaper than those of Mr.
This smooth and solid roadway was eighty feet wide; it was paved with stone and covered with gravel. Transportation became not only much easier but also much cheaper. The road filled a long-felt need and a flood of travel and traffic immediately swept over it.
You said yourself to Fred, just now, that it was all worn out, and needed new pipes or something I don't know what. And that coal was so high it would be cheaper using dollar bills for fuel. Oh, I know you were just being funny. But it was partly true. Wasn't it? Wasn't it?" "Yeh, but listen here, Paula." He never called her Paula unless he was terribly disturbed. "About mother you said "
You'll certainly find it cheaper to mend the dyke." They pondered this, until the miller made a sign of agreement. "I'll not can say you're wrang. I'm coming with my two men." Kit told him to bring a horse and cart and the party set off for the threatened bank. The beck had risen while Kit was away and stones and soil slipped down into the flood.
His succession as governor by a Fitzgerald showed that the plan of ruling Ireland through England was abandoned by Edward III. in favour of the cheaper but fatal policy of concealing the weakness of the English power by combining it with the strength of the strongest of the Anglo-Norman houses. Under this faulty system, the statute of Kilkenny became inoperative almost from its enactment.
Through the art of writing Occidental peoples have found a cheaper way of retaining their history and of preserving the products of their poets and religious teachers. Even for the transactions of daily life we have resorted to the constant use of pen and notebook and typewriter, by these devices saving time and strength for other things.
I am not as a rule addle-headed; his influence must have affected me. He then said that while he was about it he would see to the chain for me, and at once began taking off the gear-case. I did try to persuade him from that. I told him what an experienced friend of mine once said to me solemnly: "If anything goes wrong with your gear-case, sell the machine and buy a new one; it comes cheaper."
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