currency school; British currency school
Refers to a 19th-century British economic school that advocated strict control of the money supply, often contrasted with the banking school. Also known as 通貨主義.
See also: 通貨主義
The currency school argued that the issuance of banknotes should be strictly tied to gold reserves.
In 19th-century Britain, there was intense debate between the currency school and the banking school.
Synonymous term for the currency school doctrine; 通貨学派 refers to the group or school itself, while 通貨主義 emphasizes the principle.
The opposing banking school, which argued for more flexible issuance of banknotes based on commercial needs.
Compound of 通貨 (currency) + 学派 (school of thought), a direct translation of the English term 'currency school'.