In recent years, banks have been berated for using shadow budgets, in the form of special purpose vehicles and conduits, to take on excessive risk.

I think it's excessive Internet use in general, excessive video gaming, excessive new access to pornography.

When yields on risky bonds decline toward those on safe assets, it is fair to conclude, he argues, that someone is taking on excessive risk. The problem, then, is how to determine exactly when risk premiums are too low.

The right approach is to search for and prevent excessive systemic risk wherever it manifests itself. The US authorities now have a legal mandate to do this.

It also ensures that real asset and liability values are always equal, while prohibiting excessive leverage and several forms of complicated securitization. Moreover, Islamic finance is more equitable lenders and borrowers share risks and rewards, which increases the focus on long term goals and discourages excessive short term risk taking.

Excessive lead times

Only an equally complex and highly adaptable monetary policy approach one that emphasizes risk management and reliance on policymakers judgment, rather than a clear cut formula can do that. Such an approach would be less predictable and eliminate forward guidance, thereby discouraging excessive risk taking and reducing moral hazard.

A sixth option especially where a country has carried out partially sterilized intervention to prevent excessive currency appreciation is to reduce the risk of credit and asset bubbles by imposing prudential supervision of the financial system. This should be aimed at restraining excessive credit growth, which the monetary growth that follows currency intervention would otherwise cause.

The existing business model allows them to take the upside when they win, and hand over the downside to taxpayers when they lose. This encourages excessive risk and threatens repeated cycles of boom bust bailout.

Excessive indulgence spoiled the child.

Jaroslaw Kaczynski is an intelligent politician who understands the link between currency stability and political success. So he will not allow government largesse to become excessive and thus risk a negative reaction in the financial markets.

Indeed, for ten years, north to south income transfers and lending financed excessive aggregate demand, making the eurozone seem stable. As markets underpriced risk in order to lend to increasingly indebted countries, pressure on interest rates diminished.

But it's also, of course, to do with the massive crisis that followed excessive leverage, excessive borrowing in the private sector.

Reclining in the (Garden) on raised thrones, they will see there neither the sun's (excessive heat) nor (the moon's) excessive cold.

Reclining in the (Garden) on raised thrones, they will see there neither the sun's (excessive heat) nor (the moon's) excessive cold.

But progress is nonetheless being made. Dimon is the public face of megabanks resistance to reform repeated and public egg on this particular face strengthens those who want to rein in these banks excessive and irresponsible risk taking.

The other central bank is unflappable. It remains calm in the face of events, seeking at all cost to avoid doing anything that might be construed as encouraging excessive risk taking or creating even a whiff of inflation.

The final element of the world s collective bet is rooted in the belief that excessive market risk taking has been tamed. But a protracted period of policy induced volatility repression has convinced investors that, with central banks on their side, they are safe a belief that has led to considerable risk positioning in some segments of finance.

The problem here is that these measures implicitly assume that risk declines when markets are doing well they demand less capital during calm periods and more capital during volatile periods. In effect, the presumption is that capital losses are random, so the sharp reversals and losses that usually ensue after excessive upswings in prices are disregarded in risk calculations.

The government's expenditures are a bit excessive.

Marked by your Lord for the excessive.

Marked by your Lord for the excessive.

Irresponsible risk taking and excessive greed outpaced prudential regulation and supervision. The banking system ended up fueling massive speculation, including a huge run up in real estate prices, only to be brought to its knees when the bubbles popped.

The fundamental problem is well known major banks have significant incentives to take on excessive risk. If their risky bets pay off, their stockholders benefit considerably, as do the banks CEOs and senior managers, who are heavily compensated in bank stock.

The resulting increase in the national debt is the price that we and future generations will pay for the mistakes that created the current economic situation. Those mistakes led to an underpricing of risk and the resulting increase in excessive leverage.

Excessive choice results in the inability to choose.

Ruin is for every great slanderer, excessive sinner.

Ruin is for every great slanderer, excessive sinner.

Ron Paul is right to point to imbalances of power and massive distortions within the financial sector. He is also correct that many government policies favor relatively few big firms and favor them in a way that encourages excessive and dangerous risk taking.

Ninth, QE and other unconventional monetary policies can have serious unintended consequences. Eventually, excessive inflation may erupt, or credit growth may slow, rather than accelerate, if banks faced with very low net interest rate margins decide that risk relative to reward is insufficient.

O Children of Adam! Dress properly at every place of worship, and eat and drink, but do not be excessive. He does not love the excessive.

O Children of Adam! Dress properly at every place of worship, and eat and drink, but do not be excessive. He does not love the excessive.

Excessive drinking is one of the causes of impotence.

The third group, led by Europe, will struggle, as continued economic stagnation fuels social and political disenchantment in some countries and complicates regional policy decisions. Anemic growth, deflationary forces, and pockets of excessive indebtedness will hamper investment, tilting the balance of risk to the downside.

Perhaps most important is a coherent, consistent approach to dealing with the imminent failure of systemically important institutions. Taxpayers and governments alike are tired of bailing out creditors for fear of the destructive contagious effects of failure nbsp even as bailouts encourage excessive risk taking.

The Fed should regard lower commodity prices, reduced inflationary pressures, changes in the labor market, and further disruptive technological shifts as sufficiently convincing arguments to postpone a rate hike. Including the risk of excessive volatility in the global financial system tips the balance even further.

Once a world leader in the fight against environmental degradation, America was the last major economy to acknowledge the reality of climate change. Financial deregulation enriched Wall Street, but ended up creating a global economic crisis through fraud, excessive risk taking, incompetence, and insider dealing.

Perhaps most important is a coherent, consistent approach to dealing with the imminent failure of systemically important institutions. Taxpayers and governments alike are tired of bailing out creditors for fear of the destructive contagious effects of failure even as bailouts encourage excessive risk taking.

The popularity of whale watching (and watching of other cetaceans) can help raise awareness of the need for conservation of these species, but also, if it is not properly managed, can bring the risk that these species may be adversely affected due to excessive disturbance.

The biggest risk factor threatening the successful implementation of results based management has been identified as the over complexity of the performance measurement and the excessive burden placed on managers for data collection, as well as on governing bodies for the analysis of such data.

Nor ever listen to any excessive oath maker, ignoble person.

Nor ever listen to any excessive oath maker, ignoble person.

and why do you have an excessive love of riches?

and why do you have an excessive love of riches?

Around the world, an estimated 171 million children from 5 to 17 years of age work, subject to hazardous conditions, excessive workloads, work intensity and excessive hours of work.