monometallic standard; one-metal standard
简明释义
单一金属本位
英英释义
A monetary system in which the value of currency is based on a single metal, typically gold or silver. | 一种货币制度,其货币价值基于单一金属,通常是黄金或白银。 |
例句
1.Many believe that reverting to a one-metal standard could simplify trade.
许多人认为恢复单一金属标准可以简化贸易。
2.Historically, gold served as a one-metal standard for many economies.
历史上,黄金作为许多经济体的单一金属标准。
3.The country decided to adopt a monometallic standard to stabilize its currency.
该国决定采用单一金属标准来稳定其货币。
4.Under the monometallic standard, only one type of metal is used for currency.
在单一金属标准下,仅使用一种金属作为货币。
5.The monometallic standard is often contrasted with a bimetallic system.
与双金属体系相比,单一金属标准通常被对比。
作文
The concept of a monometallic standard; one-metal standard plays a crucial role in the history of monetary systems. This term refers to a monetary system where a single metal, typically gold or silver, serves as the basis for currency. Under this system, the value of money is directly linked to the quantity of the chosen metal. For example, in a gold standard, currency notes can be exchanged for a specific amount of gold, thus providing a tangible value to the currency in circulation.Historically, the monometallic standard; one-metal standard was widely adopted in many countries, particularly during the 19th century. The gold standard was favored because gold is durable, divisible, and has intrinsic value. It also helped stabilize economies by limiting the amount of money that could be printed, as it had to be backed by physical gold reserves. This system instilled confidence among citizens and traders, as they could trust that their money held actual value.However, the monometallic standard; one-metal standard also had its drawbacks. One significant issue was the inflexibility it imposed on monetary policy. During times of economic crisis, governments found it challenging to adjust the money supply to stimulate growth or combat inflation because they were constrained by their gold reserves. This rigidity often led to economic downturns and hardships for the populace.As economies grew and became more complex, the limitations of the monometallic standard; one-metal standard became increasingly apparent. The need for a more flexible monetary system led to the abandonment of the gold standard in many countries. The transition to a fiat currency system, where money has value not because of a physical commodity but rather by government decree, allowed for greater control over monetary policy. This shift enabled governments to respond more effectively to economic fluctuations and crises.Despite the move away from the monometallic standard; one-metal standard, the principles behind it still hold relevance today. The idea of having a stable and reliable currency remains essential for economic stability. Modern central banks strive to maintain trust in their currencies through various means, including inflation targeting and maintaining low-interest rates. In this way, while the specific practice of a monometallic standard; one-metal standard may no longer be in use, its underlying concepts continue to influence contemporary monetary policy.In conclusion, the monometallic standard; one-metal standard represents an important chapter in the evolution of money and banking. It highlights the balance between stability and flexibility in monetary systems. While the world has largely moved on from this standard, understanding its implications provides valuable insights into current economic practices and the ongoing quest for a stable and trustworthy currency. As we navigate the complexities of modern finance, the lessons learned from the monometallic standard; one-metal standard will undoubtedly inform future economic policies and practices.
单一金属标准;单金属标准的概念在货币体系的历史中发挥着至关重要的作用。这个术语指的是一种货币体系,其中一种金属,通常是黄金或白银,作为货币的基础。在这种体系下,货币的价值与所选金属的数量直接相关。例如,在金本位制下,货币纸币可以兑换为特定数量的黄金,从而为流通中的货币提供了有形价值。历史上,单一金属标准;单金属标准在许多国家广泛采用,特别是在19世纪。金本位制受到青睐,因为黄金耐用、可分割并具有内在价值。它还通过限制可以印刷的货币数量来帮助稳定经济,因为必须以实际的黄金储备作为支持。这一制度增强了公民和商人之间的信任,因为他们可以相信自己的货币具有实际价值。然而,单一金属标准;单金属标准也有其缺点。一个显著的问题是它对货币政策施加的刚性。在经济危机时期,政府发现很难调整货币供应量以刺激增长或应对通货膨胀,因为它们受到黄金储备的限制。这种刚性常常导致经济衰退和民众的困苦。随着经济增长并变得愈加复杂,单一金属标准;单金属标准的局限性变得越来越明显。对更灵活的货币体系的需求促使许多国家放弃金本位制。过渡到法定货币体系,即货币的价值不是因为有物理商品的支持,而是由政府法令决定,这使得对货币政策的控制更加灵活。这一转变使政府能够更有效地应对经济波动和危机。尽管已经远离单一金属标准;单金属标准,但其背后的原则今天仍然具有相关性。拥有稳定可靠的货币的理念对于经济稳定仍然至关重要。现代中央银行努力通过各种手段维护对其货币的信任,包括通货膨胀目标和维持低利率。通过这种方式,虽然单一金属标准;单金属标准的具体实践可能不再使用,但其基本概念继续影响当代货币政策。总之,单一金属标准;单金属标准代表了货币和银行演变的重要一章。它突显了货币体系中稳定性与灵活性之间的平衡。虽然世界在很大程度上已从这一标准中转变,但理解其影响为当前的经济实践提供了宝贵的见解,并且在对稳定和可信赖货币的持续追求中,单一金属标准;单金属标准所学到的教训无疑将影响未来的经济政策和实践。在我们应对现代金融的复杂性时,单一金属标准;单金属标准所带来的经验教训无疑会为未来的经济政策和实践提供指导。