TERMIUM Plus®

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MONETARY SIGNAL [1 record]

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Record 1 1998-11-19

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

After wars, governments have always returned to gold to take advantage of its utility as a monetary signal. In doing so, they must face the problem of returning at the optimum price which is not easy because it is a subjective decision.

French

Domaine(s)
  • Politique monétaire et marché des changes
CONT

À l'issue des conflits, ils sont toujours revenus à l'or en raison de son utilité en tant que signal monétaire. Tout le problème consiste alors à retrouver son prix optimal ce qui, étant donné le caractère subjectif d'une telle décision n'est pas chose aisée.

Spanish

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