How To Use Inconvertible In A Sentence
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I believe that my friend is a little stiff and inconvertible in his own opinions, and that there is another side to be heard; but so much wisdom seemed to lie under his statement, that it deserved a record.
Uncollected Prose
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For example, Russia was the first country to decimalize its currency and the third country (after China and France) ‘to make sustained use of inconvertible paper money.’
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Because whatever you might say about its graphics, the principles – the simple 14 words – are inconvertible.
The Canada Line Opens « Stephen Rees's blog
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These citizens will be issued a non-extendable and inconvertible 30-day stay permit free of charge.
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The historian Sumner added that they had the effect of driving specie from circulation, creating a currency of inconvertible and depreciated paper, and fueling a business cycle of boom and bust.
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Helleiner says that earlier experiences with inconvertible money, which were seen as leading to inflation and periodic crises, added strength to the liberal advocacy of goldconvertible currencies and disciplined monetary policies.
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But if they are uncovered, then they will affect the demand for metallic money whether they are convertible or inconvertible.
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Thus, the Bank of England's suspension, known as the English Bank Restriction, set the pernicious example that inconvertible bank notes were as ‘good as gold,’ and furnished an abundant sea on which to float bonds.
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Large chunks of U.S. cash are held abroad, where they are sometimes used in large quantities for black market transactions and as stores of value in countries whose own currencies are inflationary or inconvertible.
Back to the Macro Text, Bryan Caplan | EconLog | Library of Economics and Liberty
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In summation, the Americans were suffering the natural aftereffects of a long war financed by debt and inflation, and exacerbated by the continuing circulation of inconvertible paper currency.
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From the 1820s to the 1860s, the state was mainly financed by issues of inconvertible paper currency.
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Nevertheless, he and his secretary of the treasury, took the decision to declare the dollar inconvertible and disrupt the international monetary system.
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It is a dominant, but inconvertible, currency.
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During part of the period, the United States was on an effective gold standard, during part, on an inconvertible paper standard with floating exchange rates, during part, on a managed paper standard with fixed exchange rates.
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But the inconvertible fact that nobody has mentioned yet is that there has been no terrorist attack in the United States, or for that matter, our embassies or other foreign interests around the world.
CNN Transcript May 21, 2009
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Thus, the choice between commodity and inconvertible paper is that between determined or undetermined exchange value of the money.
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The assurance of payment of inconvertible bonds shall comply with the provisions of Article 24 of this Decree.
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The camera still tended toward the production of noisy clusters of qualitative, subjective, illegible, and inconvertible stuff.
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‘Don't try to convert the inconvertible,’ he counsels.
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He wished to emphasize that governmental issue of inconvertible paper money in effect was taxation.
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His life had taken an inconvertible turn, and wherever it would lead, it would lead them together.
Plain Language
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the alchemists were unable to accept the inconvertible nature of elemental metals
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Columbia's civil war began in 1885 leading to the issue of inconvertible paper.
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It is not so, however, with an inconvertible currency.
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Surely, there is no precedent for this period's confident adoption of a regime of inconvertible and unregulated money and Credit.
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The economics profession is a fiat phenomenon in the same sense as inconvertible paper money.
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And if, at the same time, it can be used so that, in Argentina, we can establish a sovereign, inconvertible, distinct currency.
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This, most regrettably, has gone much beyond a precarious domestic Credit scheme and a foray into inconvertible currencies.
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For example, Russia was the first country to decimalize its currency and the third country (after China and France under John Law) ‘to make sustained use of inconvertible paper money.’
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Externally inconvertible currencies may be of rather limited value to their holder.
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Instead, modern-day social scientists could simply watch the intense psychological discomfort of conservatives when one of their basic tenets (the New York Times is a bit to the left of Kim Il Jung) collides with an inconvertible fact (Times reporter Judy Miller is now completing her second week in the slammer for refusing to rat out her Bush administration sources in the Valerie Plame case).
Walter Shapiro: Flying Saucers and Valerie Plame
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If, therefore, the issue of inconvertible paper were subjected to strict rules, one rule being that whenever bullion rose above the Mint price gold parity, the issues should he contracted until the market price of bullion and the Mint price were again in accordance, such a currency would not be subject to any of the evils usually deemed inherent in an inconvertible paper.
A Return To Basics: What Is Stable Money?
