| 释义 |
symmetallism Econ.|sɪmˈmɛtəlɪz(ə)m|
Also Symmetallism.
[f. sym- + bimetallism.]
A proposed monetary system based on the use of an amalgam of gold and silver as a standard (see quot. 1979). Hence symmeˈtallic a.; symˈmetallist n. an advocate of symmetallism (also attrib. or as adj.).
1895F. Y. Edgeworth in Econ. Jrnl. V. 443 The arrangement that there should be a joint demand for gold and silver money might, perhaps, be called symmetallism, to distinguish it from the arrangement that there should be a composite supply which is called bimetallism. Ibid. 444 Suppose England with India adopts one symmetallic ratio. 1897Daily News 30 Nov. 4/6 [A man] may be a Symmetallist, and believe that standard coins should be made from a mixture of silver with gold. Ibid., Whether a symmetallist coinage be possible or not, it is certain that we have a symmetallist Administration. 1923A. Marshall Money, Credit & Commerce 64 Although coinage of gold and silver at a fixed ratio causes movements of prices to be governed chiefly by the production of gold and silver alternately, a plan can be devised which would make the two metals work together: it may be called Symmetallism. 1934Sun (Baltimore) 24 May 10/2 It [sc. the President's proposal] does not involve either bimetallism or symmetalism [sic]. 1979Econ. Jrnl. LXXXIX. 29 Consider now Marshall's..proposal for a ‘stable bimetallism’, which is usually called symmetallism. Under this system the central bank does not attempt to stabilise the price of either gold or silver separately, but rather pegs the price of a reserve unit that corresponds to a specified combination of the two metals. 1980Internat. Econ. Rev. XXI. 675 Under a symmetallic standard..the monetary authority does not set prices for individual commodities. |