When there is no excess demand for cash, there will be no excess supply of the bonds and stocks that underpin and finance the economy s productive capital.

He drinks to excess.

Don't drink to excess.

Excess of politeness is annoying.

No matter how controversial examples of democratic excess are, however, they do not change the overall picture.

The sound principle is excess collateral.

Other films cast excess as nauseating.

How much per kilo for excess?

Bargaining is mostly about the distribution of excess rents between the firm and its workers. In a competitive industry, where there are no excess rents, there is little to bargain about.

Today, President Mitterrand s mistress and daughter could not benefit from the media s complicity no state secrets, and no aristocratic excess, can escape today s bloggers.

This is all happening with excess capacity.

On the contrary, it implies excess benefits .

On the contrary, it implies excess benefits .

Rather, it will increase banks excess reserve balances.

In Soviet Russia, Marxism Leninism incurred comparable excess.

Excess product is being destroyed or given away.

By buying government bonds for cash, a central bank can satisfy demand and push down the price of cash. When there is no excess demand for cash, there will be no excess supply of the bonds and stocks that underpin and finance the economy s productive capital.

But this excess growth has not been evenly spread.

You despise corruption and bureaucratic excess you demand change.

Despite all this, massive excess bank reserves remain unlent.

Outside all was glitter, excess, posturing, and brand names.

Curiosity implies a certain immoderation, a certain necessary excess.

You can't take any excess baggage on the plane.

The IMF and the US Treasury worried that any change would restart inflation, because there was little or no excess productive capacity.

And when those excess vessels are no longer needed, the body prunes them back to baseline using naturally occurring inhibitors of angiogenesis.

Now only a few sectors suffer from excess capital accumulation.

Incentive structures that encourage excess risk taking remain virtually unchanged.

A tax on oil, however, does not entail excess burdens.

Under these circumstances, large excess capacity develops and commodity prices fall.

Furthermore, excess savings could be more than just a cyclical phenomenon.

The population of Hong Kong is in excess of seven million.

I'm sorry, but you'll have to pay an excess weight fee.

All this led to average growth rates well in excess of 4 .

A domestic saving rate in excess of 50 has served China well.

Indeed, conspicuous glamour and excess are not uncommon among Mexico's richest citizens.

Whereas excess liquidity is inflationary and calls for higher interest rates, excess saving is deflationary and calls for lower rates. This brings us to the dilemma faced by central banks.

As a result, China now faces the problem of short term excess capacity.

In normal times, there are valid reasons for paying interest on excess reserves.

Instead, the Fed will be focusing on the interest rate on excess reserves.

But the more immediate problem remains deflation, given high unemployment and excess capacity.

Can it re use the resources accrued over time to avoid excess consumption?

Increasingly, Europe s politicians regard excess liquidity and economic reform as substitutes for one another.

Previous recessions were often characterized by excess inventory accumulation and overinvestment in business equipment.

Although they pay lip service to a continued shedding of extraneous businesses, the chaebol still resist complete rationalization, claiming that they cannot rid themselves of excess capacity so long as they maintain excess employment.

A tax could be imposed, say, at the rate of 90 , on the excess gains from the acquisition of state assets e.g., on gains in excess of 10 cumulative returns on original equity investments.