| 单词 | compensated dollar |
| 释义 | > as lemmascompensated dollar compensated dollar n. U.S. Economics (now historical) a form of currency proposed by U.S. economist Irving Fisher (1867–1947) at the beginning of the 20th cent., whose gold value would be adjusted periodically on the basis of the market price of a number of basic commodities; = commodity dollar n. 2. ΘΚΠ society > trade and finance > money > medium of exchange or currency > [noun] > currency systems and policies decimal currency1824 bimetallism1876 monometallism1878 free silver1889 polymetallism1890 silverism1895 symmetallism1895 trimetallism1897 managed currency1898 single currency1900 compensated dollar1912 commodity dollar1918 soft currency1940 1912 I. Fisher Let. in N.Y. Times 18 Oct. 10/7 He raises as an objection to the plan for ‘a compensated dollar’, recently discussed before the International Congress of Chambers of Commerce, the practical difficulty of getting an international agreement to adopt the plan. 1934 W. E. Atkins Gold & your Money 32 The compensated dollar, or a dollar with changing gold content, would go hand in hand with the policy of the Federal Reserve System. 2005 Amer. Jrnl. Econ. & Sociol. 64 10 His [sc. Fisher's] monetary economics, from the equation of exchange through index numbers to the compensated dollar, was united by a concern with the consequences of imperfectly expected monetary shocks. < as lemmas |
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