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  Encyclopedia of Keywords > Nature > Natural Resources > Minerals > Gold > Gold Standard   Michael Charnine

Keywords and Sections
GOLD STANDARD MEANS
CURRENT GOLD STANDARD
INTERNAL GOLD STANDARD
GOLD BACKING
PAPER CURRENCIES
POUND STERLING
GOLD STANDARD ACT
FULL GOLD STANDARD
BARBAROUS RELIC
FOURTH COINAGE ACT
ABANDONMENT
DE-MONETIZED SILVER
CLASSICAL GOLD STANDARD
INTERNATIONAL GOLD STANDARD
COUNTRY
GUINEA
DESIRABLE
REALITY
SUPPLY-SIDE ECONOMICS
COMMON
FACT
CORONARY ANGIOGRAPHY
CARDIAC CATHETERIZATION
REASON
EXPECTATION
VISUALIZATION
RADIOACTIVE IODINE
IRON OVERLOAD
POLITICIANS
STABILITY
DOUBLE-BLIND
CREDIT
BANK
NAPOLEONIC WARS
CT SCAN
FED
LIBERTARIANISM
ADOPTION
DEGREE
ACCURACY
COMMON FEATURE
PFGE
OUTBREAK
DISADVANTAGE
LDQUO
SCREENING
Review of Short Phrases and Links

    This Review contains major "Gold Standard"- related terms, short phrases and links grouped together in the form of Encyclopedia article.

Definitions

  1. A gold standard is a special case of a currency board where the value of the national currency is linked to the value of gold instead of a foreign currency.
  2. Gold Standard, The - "What Was The Gold Standard?" looks at the history of the Gold Standard and how it influenced the money supply.
  3. The gold standard was only a system for exchange of value between national currencies, never an agreement to redeem all paper notes for gold.
  4. The gold standard was a commitment by participating countries to fix the prices of their domestic currencies in terms of a specified amount of gold.
  5. The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold.

Gold Standard Means

  1. Esophageal manometry Manometry is the gold standard means for establishing the diagnosis of achalasia.

Current Gold Standard

  1. The current gold standard for diagnosis of GERD is esophageal pH monitoring.

Internal Gold Standard

  1. There was no restoration of an internal gold standard.

Gold Backing

  1. The gold standard variously specified how the gold backing would be implemented, including the amount of specie per currency unit.
  2. The resource cost of a gold standard has often been exaggerated by estimates that assume 100 percent gold backing for all forms of money.

Paper Currencies

  1. To maintain the gold standard, central banks had to promise to exchange actual gold for their paper currencies at the legal rate.

Pound Sterling

  1. The Australian pound was on the Gold Standard and was equal in value to pound sterling.

Gold Standard Act

  1. This dispute was decisively settled when the United States switched to a gold standard in 1901 under the Gold Standard Act.

Full Gold Standard

  1. According to the strict interpretation of the gold standard, this 1844 act marks the establishment of a full gold standard for British money.
  2. If all circulating money can be represented by the appropriate amount of gold, then this is known as a 100% reserve gold standard, or a full gold standard.

Barbarous Relic

  1. Note that it is not gold that is the barbarous relic, but rather, Keynes is taking aim at the gold standard.

Fourth Coinage Act

  1. Fourth Coinage Act, which placed the United States on the gold standard.

Abandonment

  1. Since the abandonment of the gold standard, governments have not been obligated to repay the holders of currency in any form of precious metal.

De-Monetized Silver

  1. The Fourth Coinage Act was enacted by the United States Congress in 1873 and embraced the gold standard and de-monetized silver.

Classical Gold Standard

  1. If central banks once served a useful purpose, it was when they were governed by the discipline of the classical gold standard.

International Gold Standard

  1. The glitter of gold: France, bimetallism, and the emergence of the international gold standard, 1848-1873.
  2. Money and politics: European monetary unification and the international gold standard (1865-1873).

Country

  1. Between 1871 and 1900 every major country except China left their silver or bimetallic standard for a full gold standard.

Guinea

  1. Struck in 22-carat gold, it contained 113 grains of gold and replaced the guinea as the standard British gold coin without changing the gold standard.

Desirable

  1. The chief merit of the gold standard is not to be found in the stabilization of prices which is neither possible nor desirable.

Reality

  1. It would be a disaster if the American Austrians succeeded in making their "100 percent gold standard" a reality.
  2. In effect, by the 1920's the classical gold standard was essentially dead, which was the reality observed by Keynes.

Supply-Side Economics

  1. However the reverse is not true; many gold standard advocates are harsh critics of supply-side economics.

Common

  1. Political movements against the gold standard began and paper-based currencies became more common.

Fact

  1. In fact, the reverse is the case, the more expensive gold is, the more expensive the acquisition project to create a gold standard becomes.
  2. Fact: The gold standard causes deflation and depressions — A Keynesian view of the gold standard.

Coronary Angiography

  1. Coronary angiography is the gold standard (most accurate method) for establishing the diagnosis of coronary artery disease, but it is also the most invasive.
  2. Although coronary angiography remains the gold standard, the expense and risk associated with this procedure prohibit its routine use for diagnosis of CAD.

Cardiac Catheterization

  1. Coronary angiography via cardiac catheterization is considered the "gold standard" of heart disease tests.

Reason

  1. For this reason, double opt-in is regarded as the gold standard for secure email marketing.

Expectation

  1. The expectation of a global fiscal meltdown, and the return to a hard gold standard has been central to many hedge financial theories.

Visualization

  1. Colonoscopy remains the gold standard for visualization, biopsy and removal of colonic polyps.
  2. The gold standard for such a diagnosis is direct visualization.

Radioactive Iodine

  1. Radioactive iodine (I 131) is the gold standard for providing a safe and effective cure for hyperthyroidism.

Iron Overload

  1. However, none of 9 studies identified compared the screening tests for iron overload (transferrin saturation and serum ferritin) with the gold standard.

Politicians

  1. Occasionally politicians emerge who call for a restoration of the gold standard, particularly from the libertarian right and the anti-government left.

Stability

  1. The need for stability in monetary affairs would produce a rapid acceptance of the gold standard in the period that followed.
  2. In the view of gold investors, none of these has the stability that gold had, thus there are occasionally calls to restore the gold standard.
  3. Although the gold standard gives long term price stability, it does in the short term bring high price volatility.

Double-Blind

  1. The gold standard of clinical studies is a double-blind, randomized, placebo-controlled study in a peer-reviewed journal.

Credit

  1. His theory of money and credit denies the legitimacy of such a gold standard.
  2. The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.

Bank

  1. For example, the UK was on a gold standard a the end of the 19th century, and the power to coin gold was granted to the Bank of England.

Napoleonic Wars

  1. Following the Napoleonic wars, the United Kingdom introduced the gold sovereign coin and formally adopted a gold standard in 1821.
  2. The de facto gold standard continued until its official adoption following the end of the Napoleonic Wars, in 1816 (Braudel, p.

Ct Scan

  1. A CT scan should be performed at least 48 h after the onset of symptoms and is considered the gold standard for diagnosis of necrotic pancreatitis.

Fed

  1. In fact, in a note he wrote, "But first, the Fed (and the gold standard) needs to be absolved of guilt for the 1930s.

Libertarianism

  1. Thus, the gold standard is supported by many advocates of classical economics, monetarism, and libertarianism.

Adoption

  1. It was developed after the abandonment of bimetallism and the adoption of the gold standard in 1873.

Degree

  1. Liver biopsy remains the "gold standard" for assessing the degree of fibrosis.
  2. Liver biopsy has been considered the gold standard to quantify the degree of iron overload.

Accuracy

  1. Diagnostic tests for Helicobacter pylori: a prospective evaluation of their accuracy, without selecting a single test as the gold standard.
  2. Accuracy of MMP9 will be assessed by comparison with the gold standard, colonoscopy.

Common Feature

  1. Bank runs and failures were a common feature of life during the period when the gold standard was the established economic system.

Pfge

  1. Pulsed-field gel electrophoresis (PFGE) has been considered to be the "gold standard" in typing of a variety of bacteria, including S. aureus.
  2. Macrorestriction DNA mapping analyzed by pulsed-field gel electrophoresis (PFGE) is considered the current gold standard of genomic typing.

Outbreak

  1. The gold standard was suspended at the outbreak of the war in 1914, with Bank of England and Treasury notes becoming legal tender.

Disadvantage

  1. Pulsed field gel electrophoresis (PFGE), the gold standard of molecular typing methods, has a major disadvantage of an unusually long electrophoretic time.

Ldquo

  1. Cardiac catheterization is usually considered the “gold standard” in testing for coronary blockages, that is, it is the most definitive test.

Screening

  1. However, it has certain drawbacks that keep conventional colonoscopy as the gold standard method for colon cancer screening.

Categories

  1. Nature > Natural Resources > Minerals > Gold
  2. Diseases > Treatments > Treatment > Diagnosis
  3. Encyclopedia of Keywords > Society > Economics > Great Depression
  4. Currencies
  5. Advocate

Related Keywords

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