fiat money उदाहरण वाक्य
उदाहरण वाक्य
- If the evident recent success of fiat money falters, we may have to go back to seashells or oxen as our medium of exchange,
- "In a fiat money system such as ours, the growth of the monetary base is a key determinant of the economy's long-run price level,"
- During the 13th century, Marco Polo described the fiat money of the Yuan Dynasty in his book " The Travels of Marco Polo ".
- In that speech, he mentioned that the government in a fiat money system owns the physical means of creating money and to maintain market liquidity.
- In addition, there were US citizens who advocated the continuance of government-issued fiat money ( United States Notes ) to avoid deflation and promote exports.
- The Bretton Woods system broke down in 1971, causing most countries to switch to fiat money money backed only by the laws of the country.
- In some cases, an economy may choose to abandon local currency altogether and adopt another Fiat money as legal tender in a process known as dollarization.
- Thus when fiat money is printed, government obligations that are not denominated in money increase in cost by more than the value of the money created.
- Coins not intended for circulation or for intrinsic value have also been made experimentally using an even larger variety of metals, since they function as fiat money.
- When Schimmelmann sought after a trade surplus, he thought it was especially important for a country like Denmark, where fiat money was the only means of payment.