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standard of value

NOUN
silver standard


Example Sentences

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On a human standard of value, the answer is absolutely yes.

From Forbes Jan. 29, 2015

This is the exact opposite of holding human life as one’s standard of value.

From Forbes Jan. 29, 2015

“Its life is the standard of value directing its actions,” Rand wrote, “it acts automatically to further its life and cannot act for its own destruction.”

From Scientific American Oct. 5, 2012

Hermann Abs, former head of West Germany's Deutsche Bank, says that "the fluctuations of the gold market preclude the establishment of gold as a standard of value."

From Time Magazine Archive

Nicholson is correct, however, in looking to the standard of value for part of the explanation of changes in prices.

From The Value of Money by Benjamin M. Anderson




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