limited-coinage system
简明释义
限额铸币制
英英释义
例句
1.The country adopted a limited-coinage system to control inflation.
该国采用了有限铸币制度以控制通货膨胀。
2.Many historians argue that the limited-coinage system was a key factor in the empire's longevity.
许多历史学家认为,有限铸币制度是帝国长寿的关键因素。
3.In a limited-coinage system, only a few types of coins are produced to maintain value.
在有限铸币制度中,仅生产几种类型的硬币以维持价值。
4.The transition to a limited-coinage system helped stabilize the economy.
过渡到有限铸币制度有助于稳定经济。
5.Under the limited-coinage system, citizens could only exchange a certain amount of currency each month.
在有限铸币制度下,公民每月只能兑换一定数量的货币。
作文
The concept of a limited-coinage system refers to a monetary framework where the production of coins is restricted by certain regulations or limitations. This system can be contrasted with a free coinage system, where anyone can mint coins without restrictions. The limited-coinage system has been implemented in various historical contexts and has significant implications for economic stability and the management of currency. In this essay, I will explore the advantages and disadvantages of a limited-coinage system, alongside its historical significance and relevance in today's economy.One major advantage of a limited-coinage system is that it helps to control inflation. By limiting the amount of currency in circulation, governments can prevent the devaluation of money, which often occurs when too much currency is printed. For instance, during periods of hyperinflation, countries that have adopted a limited-coinage system have managed to stabilize their economies more effectively than those that have not. This controlled approach to currency creation ensures that the value of money remains relatively stable, fostering trust among consumers and investors.Additionally, a limited-coinage system can encourage responsible fiscal policies. When governments are aware that they cannot freely mint coins, they are more likely to manage their budgets carefully, avoiding excessive spending and ensuring that their economic policies are sustainable in the long term. This restraint can lead to stronger economic foundations, which ultimately benefits society as a whole.However, there are also disadvantages associated with a limited-coinage system. One significant drawback is the potential for currency shortages. If the demand for money exceeds the supply allowed under the limited-coinage system, it can lead to difficulties in transactions, reduced liquidity in the economy, and even contribute to economic downturns. Businesses may struggle to operate effectively if they cannot access the necessary currency, leading to decreased consumer confidence and spending.Moreover, the rigidity of a limited-coinage system can limit the flexibility needed to respond to economic changes. In times of economic growth, for example, a government may need to increase the money supply to accommodate rising demand. However, under a limited-coinage system, such adjustments may be challenging to implement, potentially stifling growth and innovation.Historically, various nations have utilized a limited-coinage system to navigate their economic challenges. For example, in the late 19th century, the United States operated under a limited-coinage system that restricted the minting of silver coins. This policy was aimed at stabilizing the economy after the Civil War, but it also sparked debates about the merits of bimetallism versus a gold standard, reflecting the complexities of monetary policy decisions.In conclusion, the limited-coinage system presents both opportunities and challenges within the realm of economic management. While it can help to control inflation and promote fiscal responsibility, it may also lead to currency shortages and limit responsiveness to economic shifts. Understanding the implications of a limited-coinage system is crucial for policymakers and economists alike, as they strive to create a balanced and effective monetary system that supports sustainable growth and stability in today’s dynamic global economy.
“有限铸币制度”这一概念指的是一种货币框架,在该框架下,硬币的生产受到某些规定或限制的约束。这个制度可以与自由铸币制度相对比,后者是指任何人都可以在没有限制的情况下铸造硬币。“有限铸币制度”在各种历史背景下得到了实施,并对经济稳定和货币管理具有重要意义。在本文中,我将探讨“有限铸币制度”的优缺点,以及其历史重要性和在当今经济中的相关性。“有限铸币制度”的一个主要优点是它有助于控制通货膨胀。通过限制流通中的货币量,政府可以防止货币贬值,这种情况通常发生在过多货币被印刷时。例如,在超通货膨胀期间,采用“有限铸币制度”的国家往往比那些没有采取这一制度的国家更有效地稳定经济。这种对货币创造的控制方法确保了货币价值相对稳定,从而增强了消费者和投资者的信任。此外,“有限铸币制度”还可以鼓励负责任的财政政策。当政府意识到自己不能随意铸造硬币时,他们更有可能谨慎管理预算,避免过度支出,并确保其经济政策在长期内是可持续的。这种克制可以导致更强大的经济基础,最终使整个社会受益。然而,“有限铸币制度”也存在一些缺点。其中一个显著的缺点是货币短缺的潜在风险。如果货币的需求超过了“有限铸币制度”下允许的供应,就可能导致交易困难、经济流动性减少,甚至可能导致经济衰退。如果企业无法获得必要的货币,它们可能会难以有效运作,从而导致消费者信心和支出的下降。此外,“有限铸币制度”的刚性可能限制了应对经济变化所需的灵活性。例如,在经济增长时期,政府可能需要增加货币供应以适应日益增长的需求。然而,在“有限铸币制度”下,这种调整可能难以实施,从而可能抑制增长和创新。历史上,各国曾利用“有限铸币制度”来应对经济挑战。例如,在19世纪末,美国在“有限铸币制度”下限制了银币的铸造。这项政策旨在稳定内战后的经济,但也引发了关于双金属制与金本位制优劣的辩论,反映了货币政策决策的复杂性。总之,“有限铸币制度”在经济管理领域中既带来了机遇,也带来了挑战。虽然它可以帮助控制通货膨胀并促进财政责任,但也可能导致货币短缺并限制对经济变化的响应能力。理解“有限铸币制度”的影响对于政策制定者和经济学家而言至关重要,因为他们努力创建一个平衡且有效的货币体系,以支持当今动态全球经济中的可持续增长和稳定。