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ANCAP (commodity standard) : ウィキペディア英語版 | ANCAP (commodity standard)
ANCAP is an alternative currency system that uses ammonium nitrate, copper, aluminum and plywood as the units of exchange. The system was first proposed in 1982 by the economist Robert Hall. ANCAP is an example of a commodity standard. ==Background of a commodity standard== In order to understand the uniqueness behind the ANCAP proposal, one must understand the history of the monetary system in the United States, which currently operates under a fiat currency standard. In such a standard, the value of currency is set by the federal government. Not long ago, America’s monetary system was built on a commodity standard, where the value of currency depended on a fixed exchange rate between money and a single good or a basket of goods. For a significant portion of American history, the value of the dollar was linked to gold. The price of an ounce of gold was set at a specific dollar amount, and the remaining goods in the economy were set relative to the value of gold.
抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「ANCAP (commodity standard)」の詳細全文を読む
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