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It is a greater challenge to measure real price changes in computers, software and telecoms equipment undergoing rapid innovation than in a standard commodity such as oil.
ECONOMIST: Letters
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James Madison, the chief architect of the U.S. Constitution, recognized the problem with discretionary government fiat money and the benefit of a commodity standard and convertibility long ago.
FORBES: The Federal Reserve's Flawed Approach To Monetary Policy
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China's 2010 gold production is expected at about 350 metric tons, according to Standard Bank head of commodity strategy Walter de Wet.
WSJ: China Buys In to Gold's Allure
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This is also a compelling reason to oppose any plan to simply convert the national monopoly currency to a commodity basket standard.
FORBES: Private Currency Competition Is The Monetary Answer
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Though a commodity basket may well prove the best standard, governments have no business forcing risks on the economy through an unproven, much less controversial, idea.
FORBES: Private Currency Competition Is The Monetary Answer
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Kenya, the largest supplier of cut flowers to Europe, and East African commodity producers could be badly hit, said Standard Chartered economist Razia Khan.
BBC: An empty checkout desk at Belfast International airport
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Hadoop is open source, Java-based software running on racks of commodity servers that are wired together using a standard, low cost 1 Gb Ethernet fabric.
FORBES: Hackers at the Big Iron Gates
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So a non-replicating use of the commodity beans at issue here was not just available, but standard fare.
FORBES: Connect
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Bit by bit, the standard components of modernity were put into place, including stock, bond and commodity markets, asset management and credit analysis.
ECONOMIST: China's financial system