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单词 inconvertible
例句 inconvertible
The previous year, Nixon unilaterally made the dollar inconvertible to gold. George P. Shultz, Influential Cabinet Official Under Nixon and Reagan, Dies at 100 2021-02-07T05:00:00Z
What doesn’t work is useless, even if it involves inconvertible truths, important policies or common courtesies. ‘Make America Great Again’ is not a policy. It’s an exercise in mass psychology. 2016-07-17T04:00:00Z
It was inconvertible and burdensome but also full of opportunity. The Death of Adulthood in American Culture 2014-09-11T04:00:00Z
Although the recording is potentially the first inconvertible audio proof that Sterling is a dunderhead racist, many players were aware of his wrongheaded views. Reid: NBA players didn’t protest Donald Sterling until his racism was directed at one of their own 2014-04-28T22:21:19Z
By targeting itnerest rates under inconvertible money regimes, central banks are getting the causation precisely backwards; then scratching their heads when the desired consequences don't materialize. Monetary policy: How does inflation matter? 2013-04-23T23:43:09Z
A similar effect is very generally attributed by American writers to the action on prices of the greenback inconvertible currency. Money: Speech of Hon. John P. Jones, of Nevada, On the Free Coinage of Silver; in the United States Senate, May 12 and 13, 1890 2012-02-29T03:00:21.727Z
The latter state, on account of the disappearance of her metallic currency before the inconvertible paper, had no interest in the limitation of the mintings of the Union. The History of Currency, 1252 to 1896 2011-12-24T03:07:52.717Z
The new notes were therefore for the time being an inconvertible paper currency, and, since they were made legal tender, were really a form of fiat money. Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 5 "Greek Law" to "Ground-Squirrel" 2011-12-05T03:00:51.527Z
The country was still labouring under the curse of an inconvertible Second presidency. paper currency originating with the Legal Tender Act of 1862. Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 3 "Gordon, Lord George" to "Grasses" 2011-11-13T03:00:13.177Z
The sales were running up to five millions a month, with prospect of a boundless increase, so that all the public land bade fair to be converted into inconvertible paper. Thomas Hart Benton 2011-10-09T02:00:26.053Z
This large increase is to be accounted for by the fact that during the Napoleonic r�gime the government steadily refused to issue inconvertible paper currency or to meet war expenditure by borrowing. Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 7 "Fox, George" to "France" 2011-05-15T02:00:07.897Z
The Government had to issue much paper money, and that, too, inconvertible, hence much depreciation of the paper. A Fantasy of Far Japan Summer Dream Dialogues 2011-04-09T02:00:13.677Z
That is, notes of the Bank of France are inconvertible. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z
This is especially likely to be true of an inconvertible money. The Value of Money 2011-01-04T03:01:12.363Z
Though technically worthless in the West as the inconvertible currency of a state-controlled economy, so-called Ost-marks proudly bore the portraits of Goethe and Schiller along with those of Marx and Engels. Memo From Berlin: More Germans Look Back at the Mark With Fondness 2010-12-24T01:00:48Z
Instead of facing the difficulties, the president preferred to put off the day of reckoning by flooding the country with inconvertible notes, with the result that the financial crisis became more and more aggravated. Encyclopaedia Britannica, 11th Edition, Volume 2, Slice 5 "Arculf" to "Armour, Philip"
It was indeed melancholy to see such a structure so evidently and entirely "out of joint with fortune" and "the times," as to be apparently inapplicable and inconvertible to any useful purpose. An Architect's Note-Book in Spain principally illustrating the domestic architecture of that country.
In Germany, likewise, every effort has been made to accumulate gold, even though the notes of the Reichsbank were made inconvertible at the beginning of the war. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z
They are then called inconvertible notes, and there is said to be a paper money. Political economy
On Mr. Lowe's “most doleful vaticinations that ever were heard,” about the new voters repudiating the national debt and adopting an inconvertible paper currency, he poured easy ridicule. The Life of William Ewart Gladstone (Vol 2 of 3)
When not-P is substituted for P, Some S is P becomes Some S is not not-P, and this form is inconvertible. Logic, Inductive and Deductive
Spirits and bodies, he urged, are antithetical and inconvertible, nor can any one save God give spirit a bodily form. A History of Witchcraft in England from 1558 to 1718
In February, 1878, when the first purchases were made, those dollars were the inconvertible United States notes, or greenbacks, worth something less than their face in gold. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z
President Montt then took in hand the question of a reform of the currency, the abolition of inconvertible paper money, and the re-establishment of a gold basis as the monetary standard of the republic. Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 2 "Chicago, University of" to "Chiton"
Effect of the increase of an inconvertible paper Currency. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
Mill further says that such inconvertible paper money will act on prices. The Arena Volume 18, No. 92, July, 1897
"Not worth a Continental" is an expression which brings us to the next chapter in American experience of inconvertible paper currencies. The Paper Moneys of Europe Their Moral and Economic Significance
In short, the value of inconvertible paper can be but little affected by legal-tender powers. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z
Señor Errázuriz weakly gave way, and a decree was promulgated placing the Crisis with Argentina. currency once more on an inconvertible paper money basis until 1902. Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 2 "Chicago, University of" to "Chiton"
Can an inconvertible currency be made to maintain the same value as a convertible currency, and, if so, how? Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
And if inconvertible paper money will act on prices, why will not convertible paper money, that is, paper money convertible into coin on demand, also act on prices? The Arena Volume 18, No. 92, July, 1897
The notes, therefore, formed an inconvertible paper currency. Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 1 "Austria, Lower" to "Bacon"
Finally, additional supplies of gold, secured through imports, were useless for ordinary banking purposes because the business of the country was then carried on by means of an inconvertible and depreciated paper currency. Readings in Money and Banking Selected and Adapted 2011-02-01T03:00:14.553Z
To all these causes of poverty there was added the hopeless confusion due to an inconvertible paper currency. The Critical Period of American History
In a country with an inconvertible paper currency, how can it be determined whether the issues are excessive or not, and why? Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
This consequently suffered no serious interruption; whereas the produce of the South, its inconvertible wealth—cotton chiefly—was practically useless to sustain the financial system and credit of the people. Sea Power in its Relations to the War of 1812 Volume 1
Two hundred million inconvertible paper pesos had depreciated to the value of two cents each in gold, yet were legal tender for all obligations. History of the United States, Volume 6
All of the mischief which commonly follows inflated and inconvertible paper money may be expected from this plan, and in addition it has very dangerous tendencies, which are peculiarly its own. The Life, Public Services and Select Speeches of Rutherford B. Hayes
It was finally decided, by the vote of nine states against New Jersey and Maryland, that the power to issue inconvertible paper should not be granted to the federal government. The Critical Period of American History
Nor has this fundamental maxim ever been entirely lost sight of, even by the governments which have most abused the power of creating inconvertible paper. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
The United States notes, although they are very popular, and justly so, in this country, are at this moment inconvertible; they are irredeemable, and they are depreciated. Recollections of Forty Years in the House, Senate and Cabinet An Autobiography.
As Pitt had allowed the system of inconvertible paper, the Tories generally applauded and were ready to perpetuate it. Victorian Worthies Sixteen Biographies
They say that they are not for inflation, not for inconvertible paper money, and that they never have been. The Life, Public Services and Select Speeches of Rutherford B. Hayes
Or is genius a precious, inconvertible, intellectual metal, of which some people have a grain and a half, and some only half a grain?... Records of a Girlhood
If, indeed, the notes were inconvertible, there would be no such obstacle to the increase in their quantity. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
In 1819, speaking of the inconvertible paper money, he recanted his views of 1811, as his opinions with regard to the question had undergone "a material change." The History of the Great Irish Famine of 1847 (3rd ed.) (1902) With Notices of Earlier Irish Famines
She leaves him far behind, though he is so inconvertible that if she were a less superior person he would have been a sad encumbrance. George Du Maurier, the Satirist of the Victorians
Propaganda among themselves was indeed unnecessary, for no one required conversion except those who were known to be inconvertible. Ulster's Stand For Union
If the paper is inconvertible, and instead of displacing specie depreciates the currency, the banker by issuing it levies a tax on every person who has money in his hands or due to him. Essays on some unsettled Questions of Political Economy
Another of the fallacies from which the advocates of an inconvertible currency derive support is the notion that an increase of the currency quickens industry. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
Sooner or later, and probably in all cases before 1917, all the belligerents will be forced to adopt inconvertible paper money for their internal uses. What is Coming?
The corporation could not accept any inconvertible property, or any farm-mortgage, unless for its immediate use, either as security for an existing debt, or to wipe out a credit. A Brief History of Panics and Their Periodical Occurrence in the United States
It records the most gigantic attempt ever made in the history of the world by a government to create an inconvertible paper currency, and to maintain its circulation at various levels of value. Fiat Money Inflation in France
But the directors of the Bank withstood the temptation; they did not issue their inconvertible notes extravagantly. Lombard Street : a description of the money market
But this was a very rare management of inconvertible paper, since the issues were actually limited as the price of gold in paper rose above par. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
And in consequence, after nearly ten years of painful experience, they do not now understand how much they have suffered from their inconvertible currency. The English Constitution
They abhor men as tasteless, dull, and inconvertible, and console themselves with color-bags and blocks of marble. Essays — First Series
For general statement of effect of inconvertible issues on foreign exchanges see McLeod on "Banking," p. Fiat Money Inflation in France
This difficulty they got over by proposing that the notes should be inconvertible, and that every body should be forced to take them. The History of England, from the Accession of James II — Volume 4
An inconvertible paper which is legal tender is universally admitted to be money; in the French language the phrase papier-monnaie actually means inconvertibility, convertible notes being merely billets à porteur. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
It is not so, however, with an inconvertible currency. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
It is when the metals have been completely superseded and driven from circulation that the difference between convertible and inconvertible paper begins to be operative. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
This is not impracticable, even with an inconvertible paper. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
There is therefore a great preponderance of reasons in favor of a convertible, in preference to even the best regulated inconvertible, currency. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
The experience of the colonies before our Revolution is rich in warning examples of the over-issue of inconvertible paper money. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
Projectors every now and then start up, with plans for curing all the economical evils of society by means of an unlimited issue of inconvertible paper. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
Examination of the doctrine that an inconvertible Current is safe, if representing actual Property.§ Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
What determines the value of an inconvertible paper money?§ Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
If regulated by the price of Bullion, as inconvertible Currency might be safe, but not Expedient.§ Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
The experience of the latter illustrates as well as any, perhaps, not only the general theory of inconvertible paper, but the device of supporting the paper by paying interest upon the notes. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
Trace the effects of large and continuous issues of inconvertible paper currency on the prices of commodities, on importation and exportation, and on the foreign exchanges. Principles Of Political Economy Abridged with Critical, Bibliographical, and Explanatory Notes, and a Sketch of the History of Political Economy
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