NOUN
- anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
How To Use monetary system In A Sentence
- In a dollarized monetary system, the national government cannot devalue the currency or finance budget deficits by creating inflation because it does not issue the currency.
- It can promote correspondingly inherent stability of international monetary system to make up a new global financial framework and make regional currency arrangements after reforming IMF.
- As per Montagne's discussion of inflation (3), note that the term confuses increases in the money supply (monetary inflation) with a general increase in prices (price inflation) and that a monetary system subject to interest makes both necessary. Truthdig: Drilling Beneath the Headlines
- As for a new monetary system, I was estimating that the $ would be replaced with the Amero around 2012-2015, but with the current dilemma befalling the USA I can see where it could be here as early as late 2009-2010. Worse Than the Great Depression?
- This antediluvian monetary system has now been replaced by the up - to - date monetary system of Japan.
- It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
- The euro offers a basis for a similar performance in the international monetary system, but only if the institutions for external monetary policy are adequately reformed.
- Nevertheless, he and his secretary of the treasury, took the decision to declare the dollar inconvertible and disrupt the international monetary system.
- It is also open to a central bank to "sterilise" the monetary system against other influences upon the money supply by increasing or reducing its holdings of government securities. Citizendium, the Citizens' Compendium - Recent changes [en]
- A counterstamp from the Costa Rican Mint on a foreign coin meant that its weight and precious metal content qualified it to circulate in Costa Rica as if it was part of the Costa Rican monetary system. The Greatest Collection of Costa Rican Coins Ever Auctioned (Part 2): Silver Coins of the 1840s : Coin Collecting News