A commodity currency is a currency that moves in a correlated step with the global price of primary commodities due to certain countries’ dependency on the export of raw materials for income.
The commodities include minerals like gold, copper, iron, coal, energy products such as oil and gas, precious metals, produced products like milk, etc.
The commodities include minerals like gold, copper, iron, coal, energy products such as oil and gas, precious metals, produced products like milk, etc.
Ben: "I wish we never went off the gold standard, we should've kept the dollar as a commodity currency."
Bob: "Hurr durr, a private institute managed by unelected people manipulating the economy through the use of fiat money is a great thing!!!"
(Bob is referring the the central bank of America.)
Bob: "Hurr durr, a private institute managed by unelected people manipulating the economy through the use of fiat money is a great thing!!!"
(Bob is referring the the central bank of America.)
by Minarchistic August 17, 2021
Get the Commodity Currency mug.by this is my definition July 5, 2021
Get the snail currency mug.When one is so terrifically awesome, that having money just isn't enough to measure your value. So instead of any ordinary currency, one must use Pride Currency, the currency of the awesomest of the awesomest.
Chuck Norris doesn't use any normal earthly currency, he uses Pride Currency. Anything he buys he pays with pride, and that mother fuck is rich!!!
by Sean John The Leprechaun October 3, 2011
Get the Pride Currency mug.When sharing useful, light-hearted, or creative math stuff to fellow math educators around the globe gives them an opportunity to know you and to recommend you to interested parties that might need someone with your expertise to meet their mathematical needs or wants.
In addition to performance currency (when you deliver upon a product above people’s expectations) and relationship currency (when you take the time to connect, engage, and get to know people in your milieu), you need math currency to make yourself an odd in a sea of evens.
by MathPlus October 28, 2021
Get the Math Currency mug.the currency ratio is killing me! everyone and his/her relatives is/are putting the 'touch' on me for money, but very few (IF ANY!) are giving me a road-map to the 'money trees' -ie: many empty palms to my right, extremely few to my left helping to facilitate the transfer!
SUGGESTION: for me to give YOU money BEGINS with me having a source for the money in the first place!! (hint hint!!)
this unequal currency ratio is eating my ass up! VERY DIFFICULT for me to save both myself AND the world, with such a lopsided income/outgo ratio!!
SUGGESTION: for me to give YOU money BEGINS with me having a source for the money in the first place!! (hint hint!!)
this unequal currency ratio is eating my ass up! VERY DIFFICULT for me to save both myself AND the world, with such a lopsided income/outgo ratio!!
by michael foolsley August 8, 2010
Get the currency ratio mug.The money (coinage) you get back from buying something which is useless to anybody with a real job, it is just change you cant buy anything with.
by Wes Store July 14, 2007
Get the Hobo Currency mug.Currency Tha High Spitta, Curren$y, is a southern rapper on Cash Money Records.
Because of Curren$y's thick southern accent, many people in the North mistake "Currency, Tha High Spitta" with "Currency, The Hospital."
Either one would make sense, theoretically.
Because of Curren$y's thick southern accent, many people in the North mistake "Currency, Tha High Spitta" with "Currency, The Hospital."
Either one would make sense, theoretically.
by CaraCarp0011 June 4, 2007
Get the Currency The Hospital mug.