DAO stands for Democratic (or Decentralised) Autonomous Organisation, which in this case aims at the building of a digital
gold standard economy.
Not exact matches
Entrepreneur and media magnate Steve Forbes expressed his support for Ted Cruz, the flat tax, and the ultra-conservative bromide of fixing the
economy by returning to the
gold standard:
Even the Fonds de solidarité des travailleurs du Québec, the $ 10.1 - billion
gold standard of Canada's labour - sponsored funds (it also invests in more mature sectors of the
economy), has a 30 - year annualized return of just 3.8 %.
He wants to return to the
gold standard and clash government spending — in effect, to create an
economy without government.
As the global
economy became more complex in the second half of the 20th century, most nations eventually moved away from the
gold standard, creating fiat currencies built on laws and trust in government.
If we left the
gold standard to benefit the global or US
economies, the benefit has not appeared.
The Bretton Woods system was in place from the end of WWII until 1971 when inflationary pressures in the US
economy forced Nixon to abandon the
gold standard.
The Federal Reserve had a moral obligation as part of the game of the
gold standard, to let loose that
gold into the
economy via bank lending.
While
gold was washed out during the Great Depression once global
economies abandoned the
gold standard, today it provides a store of value against risks of both inflation and deflation.
But the Federal Reserve had a moral obligation, as part of the game of the
gold standard, to let loose that
gold into the
economy via bank lending.
Any liking that I have for a
gold standard is that it gets the government out of the business of manipulating the
economy through manipulating the money supply.
The rate of exchange under this
gold standard monetary system is resolved by the difference of
economy for an ounce of
gold between the currencies.
You might also decide to stay away from basic
economy fares when the savings are less than $ 50, or less than $ 35 if you go buy Hipmunk's research as that is the current «
gold standard» of cost comparison.
When travelling on any
Economy Class fare, KrisFlyer Elite Silver members may still select
Standard Seats in advance for free, while KrisFlyer Elite
Gold members may still select
Standard and Forward Zone Seats for free.
As a
Gold Member you'll get access to additional reward seats in
economy cabins at the
standard price.
2 When travelling in
Economy Class, KrisFlyer Elite Silver members may select
Standard Seats in advance for free, while KrisFlyer Elite
Gold members may select
Standard and Forward Zone Seats for free.
Mr. / Mrs. Candidate: The Presidential Climate Action Project has produced the
gold standard of climate agendas and, with its 300 specific proposals for your administration, you can and must take dramatic action in your first 100 days in office to put the US on the fast track to a post-carbon
economy and to place it in an international leadership position where it must be.
Given the gravity of their findings, the seriousness they attribute to the situation, the huge nature of the changes they propose, the affect the actions will have on everyone, the potential devastation to the world
economy, etc. etc., the AGW crowd has to meet the
Gold Standard of scientific evidence.
The shaky
economy has caused
gold prices to shoot up to over $ 900 per ounce - even though 85 percent of
gold mined these days goes to jewelry, and there's no «
gold standard» backing currencies,
gold is considered a valued commodity in economic downturns.
Skycoin is setting the
gold standard of the crypto
economy by creating a cryptocurrency that is not prone to the speculation and inflation that debases crypto and fiat currencies.
Louis and Ryan discuss the impact of the earthquake and tsunami on the world
economy; inflation, interest rates, the Fed and Bank of Japan action and the U.S. budget negotiations; the profile of home purchasers today; the paradox of government intervention to make «homes affordable for everyone»; the direction of the rental market, rent vs. buy ratios; the comparison of Fed action during the Volker years vs the Bernanke era; Charlie Sheen, oil prices; the direction of the dollar and other currencies race to the bottom; the status of the dollar as the world's reserve currency; the abandonment of the
gold standard; the fate of fiat currencies; Utah's
gold standard push; the actions states are taking to cut spending; the price of
gold and silver and their role as stores of value; real estate vs.
gold and silver as investments; the impact of shadow inventory on general inventory; the impact of the numbers of government workers and their salaries on the D.C. area housing market.