Sentences with phrase «favor of paper money»
When a country goes off the gold or silver standard in favor of paper money, many people hoard gold or silver coins.
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Like gold, cryptos are favored by those who have a deep distrust of fiat currency, or paper money.
Those assertions, made in pre-sentencing prosecution papers cited in a defense memo, said the amount of money the former party leader illegally took was more than $ 400,000, and that he obstructed justice by attempting to get three potential witnesses to falsely testify in favor of his defense.
In practice, fusion has become a game for the political elite, with endorsements by «paper parties» like the Working Families Party, Conservative Party, and Independence Party usually earned in back room deals with implicit — or explicit — trades of political favors and campaign cash (a recent NYPIRG investigative report found that the Working Families Party gets most of its money from the Democratic Party).
A recurring motif in Motti's work is paper currency, which the artist uses as a symbol for the ambiguous materials behind the power structures of Western civilization and in reference to the European Union's press to eliminate the use of paper cash in favor of electronic money.