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emisión inorgánica de dinero

English translation: issuance of inorganic money


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:emisión inorgánica de dinero
English translation:issuance of inorganic money
Entered by: Maria Elena Martinez
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18:28 Jan 7, 2007
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Nicaragua // Sandinista financial operations
Spanish term or phrase: emisión inorgánica de dinero
The term refers to the printing of money in the absence of the precious metal reserves which the money represents.

I found only one web reference for "inorganic issuance" and "inorganic printing" and two references for "unauthoriz[s]ed issuance".

Surely there must be a standard term in English to refer to this concept....

Thank you.
Robert Forstag
United States
Local time: 14:29
issuance of inorganic money
Explanation:
2.3 Dollarization, which prevents the issuance of inorganic money, contributing to lowering inflation and eliminating exchange risks (for investments in ...
www.mmrree.gov.ec/.../boletines/boletines promocion/2004/In...

The monetary reforms and adjustments of the 1990s had all but removed the use of the so-called “inorganic money” (money with no hard currency banking) from ...
dr1.com/news/2002/dnews111302.shtml
Selected response from:

Maria Elena Martinez
Netherlands
Local time: 20:29
Grading comment
Thanks, Maria. And many thanks also to Lydia and Patricia.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2issuance of inorganic money
Maria Elena Martinez
4inorganic printing of currency
Lydia De Jorge
3 +1issuance of fiat money (currency)/fiduciary issue
Patricia Rosas


  

Answers


29 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
issuance of inorganic money


Explanation:
2.3 Dollarization, which prevents the issuance of inorganic money, contributing to lowering inflation and eliminating exchange risks (for investments in ...
www.mmrree.gov.ec/.../boletines/boletines promocion/2004/In...

The monetary reforms and adjustments of the 1990s had all but removed the use of the so-called “inorganic money” (money with no hard currency banking) from ...
dr1.com/news/2002/dnews111302.shtml

Maria Elena Martinez
Netherlands
Local time: 20:29
Works in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 32
Grading comment
Thanks, Maria. And many thanks also to Lydia and Patricia.

Peer comments on this answer (and responses from the answerer)
agree  patricia scott
4 mins
  -> Gracias, patricia!!

agree  Katya Robledo
43 mins
  -> Gracias, Katya!!
Login to enter a peer comment (or grade)

56 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
issuance of fiat money (currency)/fiduciary issue


Explanation:
per Merriam-Webter's
FIAT MONEY: money (as paper currency) that is not convertible into coin or specie of equivalent value and thus is dependent for its value on the decree of government

Per the Harper Collin's Dictionary of Economics:
FIDUCIARY ISSUE OR FIAT CURRENCY
"currency issued by a government or bank that is not matched by holdings of gold or other securities....Nowadays, most governments and banks have only minimal holdings of fold an dother securities, insufficient to redeem their currency, so most of the currency issues are fiduciary."

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Note added at 57 mins (2007-01-07 19:25:28 GMT)
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oops... I meant "gold and other securities"

Patricia Rosas
United States
Local time: 11:29
Native speaker of: English
PRO pts in category: 90

Peer comments on this answer (and responses from the answerer)
agree  bigedsenior
14 mins
  -> thank you!
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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
inorganic printing of currency


Explanation:
.

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Note added at 2 hrs (2007-01-07 20:34:22 GMT)
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what's inorganic is the process not the product

Lydia De Jorge
United States
Local time: 14:29
Works in field
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in category: 120
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