paper money in its narrow sense

简明释义

狭义纸币

英英释义

例句

1.In economics, we often refer to paper money in its narrow sense as currency that is not backed by a physical commodity.

在经济学中，我们通常将狭义的纸币称为没有实物商品支持的货币。

2.The central bank issued new paper money in its narrow sense to stimulate the economy during the recession.

中央银行在经济衰退期间发行了新的狭义的纸币以刺激经济。

3.Many people prefer to use paper money in its narrow sense for everyday transactions rather than digital currency.

许多人更喜欢在日常交易中使用狭义的纸币而不是数字货币。

4.When discussing inflation, it's important to differentiate between paper money in its narrow sense and other forms of money.

在讨论通货膨胀时，区分狭义的纸币和其他形式的货币是很重要的。

5.The value of paper money in its narrow sense can fluctuate based on government policies and economic conditions.

由于政府政策和经济状况的变化，狭义的纸币的价值可能会波动。

作文

In the modern economy, the concept of money has evolved significantly. One important aspect of this evolution is the understanding of what constitutes money itself. Among the various forms of money, paper money in its narrow sense refers specifically to currency notes issued by a government or central bank that are used as a medium of exchange. This definition excludes other forms of money such as coins, digital currencies, and even bank deposits. 纸币在狭义上 是指由政府或中央银行发行的货币纸币，作为交换媒介使用，这一定义排除了其他形式的货币，如硬币、数字货币，甚至是银行存款。Historically, the use of paper as money can be traced back to ancient China, where merchants would use promissory notes as a means of facilitating trade. Over time, these notes evolved into the paper currency we recognize today. The primary advantage of paper money in its narrow sense is its portability and convenience. Unlike metal coins, which can be heavy and cumbersome, paper currency allows for easier transactions, especially in large amounts. 纸币在狭义上 的主要优点是其可携带性和便利性，与金属硬币相比，纸币交易更为轻松，尤其是在大额交易时。Another key feature of paper money in its narrow sense is its backing by the issuing authority. In most countries, the value of paper currency is not tied to a physical commodity like gold or silver but is instead based on the trust and confidence that people have in the government that issues it. This is known as fiat money. The stability of 纸币在狭义上 depends heavily on the economic conditions and political stability of the issuing country. For instance, hyperinflation in a country can lead to a rapid devaluation of its paper currency, rendering it nearly worthless.Moreover, the significance of paper money in its narrow sense extends beyond mere transactions. It plays a crucial role in monetary policy and the overall economy. Central banks use the control of paper money supply to influence interest rates and manage inflation. By adjusting the amount of 纸币在狭义上 in circulation, central banks can either stimulate economic growth or cool down an overheated economy.Despite the rise of digital currencies and electronic payment systems, paper money in its narrow sense remains a vital part of everyday transactions. Many people still prefer using cash for various reasons, including privacy, ease of budgeting, and the avoidance of transaction fees associated with credit cards or online payments. The tactile nature of 纸币在狭义上 also provides a sense of security and control over one's finances.In conclusion, understanding paper money in its narrow sense is essential for grasping the fundamentals of modern economics. It represents not just a means of exchange but also a reflection of societal trust in financial systems. As we move further into a digital age, the role of 纸币在狭义上 will continue to evolve, but its importance in facilitating trade and economic stability cannot be overstated. Whether through traditional cash transactions or the integration of new technologies, the concept of money remains a cornerstone of our economies.