specie payment

简明释义

硬币兑付 ［美国］

英英释义

例句

1.Investors were worried when they heard rumors of a return to specie payment 实物支付 in the economy.

当投资者听到经济中可能恢复<臣>实物支付的传闻时，他们感到担忧。

2.The government announced that it would only accept specie payment 实物支付 for certain taxes.

政府宣布将只接受<臣>实物支付来支付某些税款。

3.During the financial crisis, many banks reverted to specie payment 实物支付 to ensure liquidity.

在金融危机期间，许多银行恢复了<臣>实物支付以确保流动性。

4.The debate over specie payment 实物支付 policies continues among economists today.

今天，经济学家们仍在讨论<臣>实物支付政策。

5.In historical contexts, specie payment 实物支付 was often used to back currency with real assets.

在历史背景下，<臣>实物支付常常用于用真实资产支持货币。

作文

The concept of specie payment refers to the practice of paying debts with actual physical currency, such as coins made of precious metals like gold or silver. Historically, this method of payment was prevalent because it provided a tangible and stable form of money that could be easily exchanged for goods and services. In contrast to modern forms of payment, which may include checks or digital transactions, specie payment emphasizes the importance of real, physical value in economic exchanges.In the early days of commerce, specie payment was essential for facilitating trade. Merchants relied on the weight and purity of coins to determine their value. For instance, a gold coin would be accepted at face value because it contained a specific amount of gold, which was universally recognized as valuable. This system helped to establish trust among traders, as the intrinsic value of the coins reduced the risk of fraud. However, as economies grew and evolved, the limitations of specie payment became apparent. Carrying large amounts of coins was impractical, especially for significant transactions. Additionally, the discovery of new gold and silver sources led to fluctuations in the value of these metals, which could destabilize economies reliant on specie payment. Consequently, many countries began to adopt paper currency systems, backed by the value of precious metals, and eventually moved towards fiat currencies, which are not directly tied to physical commodities.The transition away from specie payment has had profound implications for modern economics. Today, most transactions are conducted using electronic payments or credit, which allow for greater convenience and efficiency. However, this shift also raises questions about the stability and security of our financial systems. Without the backing of tangible assets, how can we ensure that our currency retains its value? This concern echoes historical debates about the merits and drawbacks of specie payment versus paper or digital currency.In recent years, there has been a resurgence of interest in specie payment concepts, particularly among those who advocate for sound money policies. Proponents argue that returning to a system where currency is backed by physical assets could help prevent inflation and promote economic stability. They believe that specie payment could restore confidence in the monetary system by ensuring that money retains its intrinsic value.Ultimately, while specie payment may seem like a relic of the past, its principles continue to influence contemporary discussions about currency and value. Understanding the historical context and practical implications of specie payment can provide valuable insights into current economic challenges. As we navigate the complexities of modern finance, reflecting on the lessons of history may help us make more informed decisions about the future of money and trade.

“specie payment”的概念是指用实际的物理货币（如金银等贵金属制成的硬币）来偿还债务的做法。在历史上，这种付款方式是普遍存在的，因为它提供了一种有形且稳定的货币形式，可以轻松地用于商品和服务的交换。与现代支付形式（例如支票或数字交易）相比，specie payment强调了经济交易中真实、物理价值的重要性。在商业发展的早期阶段，specie payment对促进贸易至关重要。商人依靠硬币的重量和纯度来确定其价值。例如，一枚金币会因其包含特定数量的黄金而被接受为面值。这一制度有助于在交易者之间建立信任，因为硬币的内在价值降低了欺诈的风险。然而，随着经济的发展和演变，specie payment的局限性逐渐显现。携带大量硬币不切实际，尤其是在进行重大交易时。此外，新金银来源的发现导致这些金属价值波动，这可能会使依赖specie payment的经济体不稳定。因此，许多国家开始采用纸币系统，以贵金属的价值作为支撑，并最终转向法定货币，这些货币并不直接与实物商品挂钩。从specie payment转型对现代经济产生了深远的影响。如今，大多数交易都是通过电子支付或信用卡进行的，这使得交易更加方便和高效。然而，这一转变也引发了关于我们金融体系稳定性和安全性的质疑。没有实物资产的支持，我们如何确保货币保持其价值？这一担忧与历史上关于specie payment与纸币或数字货币优缺点的辩论相呼应。近年来，尤其是在倡导健全货币政策的人士中，对specie payment概念的兴趣重新出现。支持者认为，回归一种货币由实物资产支持的系统可以帮助防止通货膨胀并促进经济稳定。他们相信，specie payment可以通过确保货币保持其内在价值来恢复对货币体系的信心。总之，虽然specie payment似乎是过去的遗物，但其原则继续影响当代关于货币和价值的讨论。理解specie payment的历史背景和实际影响可以为当前经济挑战提供宝贵的见解。在我们应对现代金融的复杂性时，反思历史教训可能有助于我们更明智地决策未来的货币和贸易。