parity of silver

简明释义

银平价

英英释义

例句

1.Historically, the parity of silver 银的平价 was crucial for trade between nations.

历史上，银的平价 parity of silver对国家之间的贸易至关重要。

2.Changes in the parity of silver 银的平价 can lead to inflation or deflation.

在银的平价 parity of silver方面的变化可能导致通货膨胀或通货紧缩。

3.The government decided to maintain the parity of silver 银的平价 to stabilize the economy during the crisis.

政府决定维持银的平价 parity of silver以在危机期间稳定经济。

4.Investors are closely watching the parity of silver 银的平价 as it affects market dynamics.

投资者密切关注银的平价 parity of silver，因为它影响市场动态。

5.The parity of silver 银的平价 was established to help farmers get fair prices for their crops.

建立银的平价 parity of silver是为了帮助农民获得公平的作物价格。

作文

The concept of parity of silver refers to the economic principle that establishes a fixed relationship between the value of silver and other currencies or commodities. Historically, many nations adopted a bimetallic standard, where both gold and silver were used as legal tender. Under this system, the parity of silver was crucial because it determined how much silver could be exchanged for a certain amount of gold or vice versa. This relationship was not only significant for trade but also for the stability of the economy. In the 19th century, the United States experienced debates over the parity of silver as it related to the Gold Standard. The Coinage Act of 1873 effectively ended the minting of silver dollars, which led to what was known as the 'Crime of '73.' This act caused a significant drop in the value of silver, as it was no longer considered a viable currency. Proponents of silver, known as 'Silverites,' argued that restoring the parity of silver with gold would help farmers and those in debt by increasing the money supply. They believed that a bimetallic standard would allow for more flexible monetary policy and stimulate economic growth. The debate over the parity of silver reached its peak during the presidential election of 1896, where William Jennings Bryan famously delivered his 'Cross of Gold' speech. He advocated for the free coinage of silver at a ratio of 16 to 1, which meant that 16 ounces of silver would be equivalent to one ounce of gold. This idea aimed to restore the parity of silver and provide relief to struggling farmers and laborers. However, the opposition, led by William McKinley, argued that maintaining the Gold Standard was essential for financial stability and international credibility. The eventual victory of McKinley marked the decline of the silver movement and solidified the Gold Standard as the primary monetary system in the United States. However, the discussions surrounding the parity of silver did not fade away completely. Throughout the 20th century and into the present day, the value of silver continues to be an important topic in economics, particularly in relation to inflation and investment strategies. Many investors view silver as a hedge against economic downturns, and fluctuations in its price can influence perceptions of parity of silver in the market. In conclusion, understanding the parity of silver is essential for grasping the historical and contemporary issues surrounding monetary policy and economic stability. The debates of the past reflect ongoing tensions between different economic philosophies and the role of precious metals in our financial systems. As we move forward, the lessons learned from the parity of silver can inform our approach to modern economic challenges, reminding us of the complexities involved in balancing currency values and the needs of various stakeholders in the economy.

“银的平价”这一概念指的是建立银与其他货币或商品之间价值固定关系的经济原则。历史上，许多国家采用了双本位制，即黄金和白银都作为法定货币。在这一制度下，“银的平价”至关重要，因为它决定了多少银可以兑换一定数量的黄金，反之亦然。这一关系不仅对贸易具有重要意义，也对经济的稳定性至关重要。在19世纪，美国经历了关于“银的平价”的辩论，这与金本位制有关。1873年的铸币法有效地结束了白银美元的铸造，这导致了所谓的“73年的罪行”。该法案导致银的价值显著下降，因为它不再被视为可行的货币。支持银本位的人被称为“银本主义者”，他们主张恢复“银的平价”，以帮助农民和负债者，通过增加货币供应来实现这一目标。他们认为，双本位制将允许更灵活的货币政策，并刺激经济增长。关于“银的平价”的辩论在1896年的总统选举中达到了顶峰，威廉·詹宁斯·布莱恩以其著名的“金十字”演讲而闻名。他主张以16比1的比例自由铸造银，即16盎司银等于1盎司黄金。这一想法旨在恢复“银的平价”，并为艰难的农民和工人提供救济。然而，反对派以威廉·麦金利为首，认为维持金本位制对金融稳定和国际信誉至关重要。麦金利的胜利标志着银运动的衰退，并巩固了金本位制作为美国主要货币体系的地位。然而，围绕“银的平价”的讨论并没有完全消失。在20世纪及至今，银的价值仍然是经济学中的一个重要话题，特别是在通货膨胀和投资策略方面。许多投资者将银视为抵御经济低迷的工具，而其价格波动可能影响市场对“银的平价”的看法。总之，理解“银的平价”对于掌握围绕货币政策和经济稳定的历史和当代问题至关重要。过去的辩论反映了不同经济哲学之间的持续紧张关系，以及贵金属在我们金融体系中的作用。随着我们向前发展，从“银的平价”中汲取的教训可以为我们应对现代经济挑战提供参考，提醒我们在平衡货币价值和经济中各方利益需求时所涉及的复杂性。