Today, the US is staring at a present value fiscal gap (present value of projected non interest spending, minus taxes) of 202 trillion.

This diminishes the value of these countries foreign exchange reserves, endangers their fiscal and exchange rate policies, and undermines their financial security.

The United States is not alone in doing this, but its refusal to acknowledge the true magnitude of its old age liabilities has left it facing perhaps the worst impending fiscal crisis of all the advanced countries. Today, the US is staring at a present value fiscal gap (present value of projected non interest spending, minus taxes) of 202 trillion.

In his 1908 essay Der moderne Denkmalkultus (The modern cult of monuments) he describes historical value, artistic value, age value, commemorative value, use value, and newness value.

) If the fair value is less than carrying value (impaired), the goodwill value needs to be reduced so the carrying value is equal to the fair value.

For fiscal policy, the crisis showed the value of maintaining low public debt and deficits during good times countries with healthier public finances have more space to cushion the economic impact of crises.

Meanwhile, the state lurches from fiscal tragedy to fiscal farce.

On the fiscal front, the shift from a complex system of state level indirect taxes to a national goods and services tax (a type of value added tax) will improve efficiency and raise revenue.

Value Value , or lightness, varies vertically along the color solid, from black (value 0) at the bottom, to white (value 10) at the top.

Fiscal consolidation was not, however, the result of formal fiscal rules.

Meanwhile, not only is fiscal austerity pushing the eurozone periphery into economic free fall, but the loss of competitiveness there will persist as relief at the waning prospect of disorderly defaults strengthens the euro s value.

The value of freedom. It's a value of community.

Fiscal Follies

Fiscal stimulus is turning into fiscal austerity and a drag on growth.

Because actually, never mind the actual intrinsic value of having gold jewelry. This actually had symbolic value, badge value.

The binary value of all 8 bits set (or turned on) is 11111111, equal to the hexadecimal value FF, the decimal value 255, and the octal value 377.

Europe s Fiscal Wormhole

America s Fiscal Isolationism

Fiscal Closing Time?

Fiscal Child Abuse

Germany s Fiscal Follies

India s Fiscal Follies

Shorting Fiscal Consolidation

Alternative Fiscal Medicine?

Accessible Value

Settings value

Unknown value

Current value

Maximum value

Minimum value

Default Value

Default Value...

Attribute value

Node value

A decent pan European economic recovery, and successful gradual fiscal consolidation, would allow the distressed sovereign bonds to rise in value over time. Until then, the jockeying will continue over who will bear the losses, when, and how.

Making matters worse, when China needs to use its savings accumulated over two generations and packed into US Treasury bills to alleviate fiscal constraints, it will find that the value of its foreign exchange reserves has already evaporated.

The local value added to imports could thus easily equal their value.

The impact was greater in countries that had a history of structural fiscal problems, maintained loose fiscal policies, and ignored fiscal reforms during the boom years.

In logic and mathematics, a truth value, sometimes called a logical value, is a value indicating the relation of a proposition to truth.

The logic of a need for specific revenue applies also in modern Europe, where a reformed fiscal system might include common administration of value added tax (with the additional benefit of eliminating a considerable amount of cross border fraud).

America s Exceptional Fiscal Conservatism

Europe s Empty Fiscal Compact

Fiscal Fibs and Follies

Gaming US Fiscal Reform

America s Fiscal Cliff Dwellers