Penguin Pegged

I pegged him as slightly cuckoo too.

Certainly had him pegged wrong, didn't I?

I had you pegged right from the jump.

I got this Jack pegged for a thief.

I wouldn't have pegged you as a woman terrified of anything.

See, Ma, I knew he would. I knew I had you pegged right.

Julie pegged you right off. But me, still wet behind the ears McCleary.

We wanted to get a temperature probe, we stuck it in there, looked at it it pegged off scale.

I think we live in a society which has simply pegged certain emotional rewards to the acquisition of material goods.

So if you ever feel like you don't have this aging thing quite pegged, don't kick yourself.

20. One such dramatic change occurs when a pegged or fixed exchange rate becomes unsustainable and has to undergo a discrete adjustment.

There was also a fixed exchange rate that may have contributed to a growing loss of competitiveness since the baht was pegged to a rising dollar.

Although the role of monetary policy in demand management is limited when a national currency is pegged to a currency such as the dollar, its indirect effect of creating healthy domestic demand could be observed in 2004.

With the Lebanese pound (LL) pegged to the United States dollar, the prevailing very high debt to GDP and debt to export ratios make that economy extremely vulnerable to adverse shocks.

The external situation was then aggravated by a loss of competitiveness, due partly to high domestic inflation and partly to the appreciations of the United States dollar to which currencies in the region were pegged.

And, while the eurozone may be in crisis, Poland, among others, still want to join in the near future. The British may turn their nose up at the euro to which even the supposedly independent Swiss franc is pegged but it will almost certainly remain the currency of nearly 300 million Europeans.

If a discrete exchange rate appreciation is to be sustained, it must reflect expected monetary policies tight money and deflation in the appreciated country, and easy money with inflation in the depreciated country. But domestic money growth in China s immature bank based capital market is high and unpredictable, while many interest rates remain officially pegged.

In the 1990 s, Argentina tied its hands with a dollar pegged currency in order to enhance its credibility as a borrower. The strategy worked too well the large credit inflows that it attracted triggered an inflationary boom that reduced the country s competitiveness.

Thus, even if the Chinese authorities can somehow keep their capital controls from hemorrhaging as the country s financial system becomes more sophisticated and decentralized, they will not be able to stop the controls from dying a death of a thousand cuts. After that, China will be able to keep its exchange rate pegged only by slavishly following US interest rate policy, which makes no sense for such a large and diverse region.

Creating viable institutions for managing public debt in a democracy is difficult. The mechanisms currently on offer are treaty based, constitutional, and statutory debt ceilings, pegged as a ratio of GDP, or, as in the US, established in nominal terms.

In this context, the decision to retain the CFA franc, a freely convertible common currency that is pegged to the euro at a significantly overvalued exchange rate, is dubious. The current scheme breeds structural fiscal deficits, excessive reliance on imports, endemic corruption, money laundering, narcotics trafficking, and massive capital flight.

MUNICH Because China has pegged its undervalued currency, the renminbi, to the dollar, every weakening of the dollar in the wake of America s financial crisis has also meant a weakening of the renminbi vis à vis other world currencies. But is China really to blame for the eruption of a global currency war?

To be sure, this risk was more acute when a larger number of emerging economy currencies were pegged to the US dollar, which meant that a significant shift in the dollar s value would weaken other countries balance of payments position and erode their international reserves, thereby undermining their creditworthiness. Today, many of these countries have adopted more flexible exchange rate regimes, and quite a few retain adequate reserve holdings.

Soon after the establishment of the scheme, the General Assembly expressed its concern that the scheme was pegged to the midpoint of the base floor salary scale (P 4, step VI)5 and that as a result the associated entitlements were automatically increased whenever the annual adjustment procedure was applied to the base floor salary scale.

This was the path taken by the Irish Free State (later the Republic of Ireland), which used the sterling pegged Irish pound (the punt) for several decades. Even if the UK disapproved of the arrangement, it could not stop Scotland from adopting it much as the European Union deplores but cannot stop Montenegro s unilateral use of the euro.

To be or not to be...

To be, or not to be

To be or not to be.

To be or not to be.

To be or not to be!

To be sure. To be sure.

To be, or not to be.

Used to be, used to be.

To be weak is to be dead.

People want to be allowed to be virtuous.

Wouldn't he be awful to be married to?

Had to be, Mrs Paradine? Had to be?

They have to be better, they have to be more efficient, they have to be affordable.

He will take your daughters to be perfumers, and to be cooks, and to be bakers.

He will take your daughters to be perfumers, and to be cooks, and to be bakers.

To be strong means not to be a girl.

Kuwait cannot be said to be unfair to foreigners.

I don't have to be, I want to be.

To be French is to be late. Two hours.