How To Use unbacked In A Sentence
- In the greater monetary scheme of things, of course, the dollar is still what investor Doug Casey calls ‘the unbacked liability of a bankrupt government.’
- Japanese would have difficulty to secure real goods from Americans for dollars they have received since these dollars are unbacked by production.
- Being itself unbacked by anything other than politicians' promises, it is - in its current unbacked form - simply doomed.
- Some specialty wallpapers like foils, unbacked and grasscloths require the use of lining paper.
- Over centuries, governments have taken over money from the market, and in the 20th century, most currencies became unbacked by anything other than the force of the State.
- In the world of Phoebe, striving unbacked by integrity may be blameworthy, but dullness is unforgivable.
- Acrylic-backed or unbacked textiles should be dry hung.
- Also during the course of the war, the federal government printed almost $1 billion in paper currency, or ‘greenbacks,’ that was unbacked by gold or silver.
- In a free market, then, the threat of bankruptcy would restrain banks from issuing paper certificates unbacked by gold.
- In more details, the first unbacked check is ‘backed’ by an infinite string of subsequent unbacked checks.
