Examples of 'commodity money' in a sentence
Meaning of "commodity money"
Commodity money: a type of currency that has intrinsic value, such as gold, silver, or other valuable commodities, and is used as a medium of exchange in transactions
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- Any money whose value comes from a commodity of which it is made, consisting of objects having value or use in themselves as well as their value in buying goods.
How to use "commodity money" in a sentence
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commodity money
It was commodity money in the form of silver ingots.
It was introduced as an alternative to commodity money and representative money.
After commodity money came flat money.
Precious metals have evolved as the optimal form of commodity money.
The commodity money takes care of itself.
It emerged as a substitute to commodity money and representative money.
Commodity money conversely led to deflation and bank runs.
Roman adoption of metallic commodity money was a late development in monetary history.
Commodity money exists today.
This bank money was commodity money in its most perfect form.
Commodity money commodity.
It is particularly used in connection with commodity money such as gold or silver coins.
Commodity money has an intrinsic value inherent in its material properties.
This crude form of money used for exchange is then called commodity money.
Commodity money can not be abolished without abolishing commodity production.
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Many cultures around the world eventually developed the use of commodity money.
Commodity money has intrinsic value but flat money does not.
Many early cultures and societies used commodity money as a means of paying for goods.
Commodity money is money whose value comes from a commodity of which it is made.
The role of a mint and of coin differs between commodity money and flat money.
The system of commodity money eventually evolved into a system of representative money.
The role of a mint and of coin is different between commodity money and fiat money.
Commodity money value comes from the commodity out of which it is made.
Mining and minting companies would produce commodity money that people made profitable by their demands.
Commodity money retains its value despite what may happen to the monetary authority.
The latter Ming and Qing dynasties both regressed to commodity money in response.
Both commodity money and flat money can be used for fractional reserve banking.
To solve this problem, commodity money was developed.
To solve this problem, humans developed what is called commodity money.
The intervention of a commodity money delays the time when the two parties exchanging are even.
Wiardunek was also used as a unit of account, and as a such as commodity money.
By contrast, commodity money which has been lost or destroyed cannot be recovered.
What you are identifying, we do not have a commodity money system any more.
A commodity money is relatively scarce, easily recognizable, can be cut into smaller pieces.
A variety of items have served as commodity money - for example brightly coloured shells.
Government-controlled money is also postulated to be more stable than credit money or commodity money.
Flat money vs. commodity money.
If one endorses small government and maximum liberty, one must support commodity money.
Commodity money was essentially an answer to the question ‘ what does everyone want? '.
Clearly, the intangible currency corresponds to the current state of technology, commodity money is over.
Commodity money was used when cash ( coins and paper money ) was scarce.
Beavering away at the collection Commodity money '.
It became associated with commodity money or “ hard currency . ”.
The Mesopotamian civilization developed a large-scale economy based on commodity money.
But, money-capital is comprised of the commodity money too.
In Virginia, Maryland and North Carolina - Tobacco was used as a form of commodity money.
Platoon leaders and members of the headquarter platoon get 10€ worth of commodity money.
Like gold, silver or copper, Bitcoin can be considered to be commodity money.
Company leaders (Infantry company and mechanized) get 15€ worth of commodity money.
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Examples of using Commodity
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Commodity exchanges as providers of price risk protection
Water is not a commodity to be bought and sold
Commodity account under the current standard
Examples of using Money
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Always is more money than they say
No money in the world can buy laughter
And they lost money on the betting
