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remonetize

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re·mon·e·tize  (r-mn-tz, -mn-)
tr.v. re·mon·e·tized, re·mon·e·tiz·ing, re·mon·e·tiz·es
To restore to use as legal tender: remonetize silver.

re·mone·ti·zation (-t-zshn) n.

remonetize, remonetise [riːˈmʌnɪˌtaɪz]
vb
(Economics, Accounting & Finance / Banking & Finance) (tr) to reinstate as legal tender to remonetize silver
remonetization , remonetisation n


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This may be a reasonable choice, at least for early transition economies, in order to "import" low foreign inflation and to remonetize the economy, and because it is easily controllable and is least dependent on institutional conditions.
Hugo Salinas Price of Mexico City, founder and honorary president of Grupo Elektra, author of the seminal essay "Silver's Three Flags," and leader of the campaign to remonetize silver in Mexico.
Salinas Price is leading the campaign to remonetize silver in his country, the world's foremost producer of silver.
 
 
 
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