What a sound money system does is to stabilize all the elements in it, and reduces the uncertainty that people confront. And the one thing all human beings do when they are confronted with uncertainty is pull back, withdraw, disengage, and that means economic activity, which is really dealing with people, just goes straight down.
I think they do have to get it right in Sierra Leone. There has to be something in there now to establish confidence, to stabilize the situation, and then to move to some sort of political negotiations.
In order every one in our homeland learns principles of democracy and the peaceful transition of power, and in order to stabilize and develop multiple choices in democratic practice.
Since being elected to the City Council, I have been unwavering in my commitment to address issues uniquely impacting women and girls and advance policies that stabilize and strengthen our communities.
The actions taken by central banks and other authorities to stabilize a panic in the short run can work against stability in the long run if investors and firms infer from those actions that they will never bear the full consequences of excessive risk-taking.
The United States will always be a global leader, and we need to actively engage the international community to make sure all citizens of the world live freely and equally under their country's rule of law. We cannot, however, afford to fight other nations' wars interminably or stabilize their regions.
When you're dealing in situations that are uncontrollable and combustible, you try to stabilize the situation as quickly as you can and then work toward and work out toward democratic reform.
We agree with Simpson and Bowles and others who have looked at this. What's necessary is to stabilize the debt and then work from there. You can't balance the budget in the short term because to do that would be to ratchet down the economy.
Of course, it's imperative that we stabilize Iraq and quickly reduce our armed role there.