The most serious criticism of EMU is that by abandoning exchange rate adjustments it transfers to the labor market the task of adjusting for competitiveness and relative prices... losses in output and employment (and pressure on the European central bank to inflate) will predominate.
The reason there is very little support for the gold standard is the consequences of those types of market adjustments are not considered to be appropriate in the 20th and 21st century. I am one of the rare people who have still some nostalgic view about the old gold standard, as you know, but I must tell you, I am in a very small minority among my colleagues on that issue.Alan Greenspan
"Yes, but not in the South", with slight adjustments, will do for any argument about any place, if not about any person.Stephen Potter
Those of us whose parenting style can be described as "a series of reflexes, instincts, and minute-by-minute adjustments," as Julie of A Little Pregnant puts it, rather than as a philosophy, are less invested in our own practices. What we do is often less a matter of conviction than one of convenience. What we need to remember is that there is no need to apologize for that, even in the face of the most red-faced outrage.ayelet waldman
As you head toward your goals, be prepared to make some slight adjustments to your course. You don't change your decision to go — you do change your direction to get there.zig ziglar
Arrangement includes the putting of things in their proper places and the elegance of effect which is due to adjustments appropriate to the character of the work. Its forms of expression are these: ground plan, elevation , and perspective . ...All three come of reflexion and invention.vitruvius
To one completely committed to this realm of becoming, as are the empiricists, the claim to apprehend verities is a sign of psychopathology. Probably we have here but a highly sophisticated expression of the doctrine that ideals are hallucination and that the only normal, sane person is the healthy extrovert, making instant, instinctive adjustments to the stimuli of the material world.richard weaver
Soy protein products can be good substitutes for animal products because, unlike some other beans, soy offers a 'complete' protein profile. ... Soy protein products can replace animal-based foods which also have complete proteins but tend to contain more fat, especially saturated fat without requiring major adjustments elsewhere in the diet.
Arrangement includes the putting of things in their proper places and the elegance of effect which is due to adjustments appropriate to the character of the work. Its forms of expression are these: ground plan, elevation , and perspective . ...All three come of reflexion and invention.
How one walks through the world, the endless small adjustments of balance, is affected by the shifting weights of beautiful things.”
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