2012년 4월 19일 목요일

[용어비교] dollar-denominated assets, money-denominated assets


1.

(... ...) Under the gold standard, forward and spot prices for the metal would be virtually the same (so long as there were no doubts as to the continuing convertibiity or par value of the currency in question--say dollars). Any hedge property of metallic gold would be paid for--along with other services--in the form of interest forgone. In modern porfolio theory jargon the expected rate of return from metallic gold was less than from the riskless money-denominated asset(for example, US T-bill). (... ...)



2. http://hsalbert.blogspot.com/2012/01/what-specifically-are-dollar.html

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