It will not be very much of a shock absorber.
In all other cases, there will be this shock absorber, this blurring effect of the commission.
In the case of a slight impact, protection is also provided by a part fitted with a shock absorber.
It has been recognised by defenders of democratic government that one of its virtues is that it provides a valuable shock absorber for grievances.
If you remove the shock absorber from one wheel of a car, the car will not stabilise if shocks continue.
Therefore, the present arrangement is merely a shock absorber.
If we lock all our exchange rates together into one currency, we lose the shock absorber.
I doubt that our economy is flexible enough at present to lose the shock absorber of its own exchange rate.
