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gold standard
(redirected from Gold standard system)

    Also found in: Medical, Financial, Encyclopedia, Wikipedia 0.01 sec.
gold standard
n.
1. A monetary standard under which the basic unit of currency is equal in value to and exchangeable for a specified amount of gold.
2. A model of excellence; a paragon: "Several generations of the laser have been widely available in Europe; the FDA approved the one now considered the gold standard" (Daniel Goleman).
gold standard
n
1. (Economics) a monetary system in which the unit of currency is defined with reference to gold
2. the supreme example of something against which others are judged or measured the current gold standard for breast cancer detection
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.gold standard - a monetary standard under which the basic unit of currency is defined by a stated quantity of goldgold standard - a monetary standard under which the basic unit of currency is defined by a stated quantity of gold
monetary standard, standard - the value behind the money in a monetary system
2.gold standard - a paragon of excellence; "academic education is the gold standard against which other educational activity is pejoratively judged"
beau ideal, paragon, perfection, idol - an ideal instance; a perfect embodiment of a concept
Translations
gold standard n → tallone m aureo
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It will be objected that, unlike the gold standard system with its fixation on stabilizing the exchange rate, the inflation targeting framework leaves room for monetary policy to address the broader goals of stabilizing inflation and income.
Whither macro? by Mehrling, Perry / American Economist
The Bank is said to have stabilized the gold standard system by acting as international lender of last resort.
The gold standard and the great depression by Eichengreen, Barry J. / NBER Reporter
Brown stated the following about the Federal Reserve policy of sterilization: From 1914 to 1925 it was true that the influence of American policy alone on American prices and therefore on the world value of gold was so dominant as to deprive the expression "maintaining the dollar at parity with gold" of the significance properly attributed to it when an international gold standard system is in force.
The International Gold Standard and U.S. monetary policy from World ... by Crabbe, Leland / Federal Reserve Bulletin
 
 
 
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