tight money


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tight money

n. money that is hard to get. In these days of tight money, no new expenditures will be approved.
See also: money, tight
References in periodicals archive ?
Herrick, Feinstein even formed its own mortgage banking company to alleviate the tight money crisis.
Krugman says this policy of tight national budgets and tight money supplies is folly, reminiscent of economic conditions in this country during the Hoover Administration, conditions which prolonged the Great Depression.
In times of tight money, it is a critical ratio to monitor.
Echoing Lipton and Shafer from earlier sessions, she stressed the importance of tight money in turning confidence around.
This puts the Fed in the position of punishing "too high" stock prices with tight money, dangerous territory for monetary policy and the economy as whole.
Strouse seems to accept, without really supporting, Morgan's views that economic consolidation was necessary to promote efficiency; that centralization and de facto private regulation was required to calm overly turbulent markets; and that tight money (through maintenance of the gold standard) advanced U.
When a government uses tight money policies, as Canada has, there are side effects.
The actual widened gap between Canada and US rates in 1989 and after, McCracken accepts as prima facie evidence of a tight money policy.
Tight money strangles worldwide economic growth, he argues, unless international reserves increase in pace with trade.
In 1974, Mundell suggested the radical notion of combining tight money and tax cuts to halt the prevailing climate of inflation and recession.
The telecomm association community continues to be hit by the effects of the tight money supply once freely available from vendors and supplies for trade shows.
Because new construction or reorganization/renovation can be costly, it is not surprising that, in an era of tight money, academic, public, corporate, or governmental financial officers resist making any changes at all.
In the early years of the Plan the government followed a tight money policy and its efforts to reduce the budget deficit were targeted to ease the inflationary pressure-tightening resource constraints arising from inexorable growth of country's budgetary and current account deficits and resulting need to impose on IMF sponsored structural adjustment programme significantly restrained the country's economy and its growth performance.
Tight money policies to keep the lid on inflation were exported from Germany to the rest of Europe via the exchange rate mechanism linking European Community (EC) currencies.
The resulting tight money supply caused buyers to stay out of the commodity markets and the price for coffee tumbled.