Sentence examples for German monetary from inspiring English sources

The German monetary unit taler, or thaler, from which the English word dollar is derived, refers to the Joachimsthaler, a coin first minted in Jáchymov in 1517.

Asked to explain, Flassbeck says that after the German monetary union deflated domestic demand, wages didn't keep pace with inflation so living standards fell.

On the contrary, in the post Second World War era, German monetary policy was driven by the imperative to keep prices stable, and that imperative has continued to shape the European Central Bank's approach.

But German monetary purists erupted in howls of protest, although it was the German on the ECB's six-strong executive, Jörg Asmussen, who played a key role in drafting the new policy.

In the run-up to the euro's launch, German monetary policy was constrained by the need for most European countries to converge on a single euro-wide interest rate; and fiscal policy has been kept in check by the need to comply with the single-currency countries' "growth and stability pact".

The laws that underlie the euro and the European Central Bank are in large part a reflection of the ironclad German monetary policies: Inflation is evil; fiscal and monetary prudence is good; and a currency must be managed by a politically independent central bank.

The Germans accepted monetary union in the 1990s on condition that the euro would be as strong as the mark, with low inflation, strict budget discipline and no bailout for the weak.

But the case is an embarrassment for the central bank, long a symbol of German prudence and monetary stability.

In 16 years as chancellor, he was the architect of German unification and European monetary union.

Some go back to the 19th century the Latin Monetary Union, German currency union, the gold standard.

Tells about the German "gift mark" a monetary trick, the problem of sending money to Poland, etc.