Welcome to the 1520 Perfect Dictionary

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Clean float
CLEAN FLOAT

Definition: (economics) Money exchange rates allowed to adjust to market conditions without government intervention.
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* All eight elements would be in.


1. Purposeful to leave forces of demand and supply freely at play.

2. Considered a necessity to achieve specific economic goal(s).

3. Freedom is not the result of country being a failed state.

4. Amount of currencies in circulation will not be limited.

5. Price-fixing, price war, monopolies, etc., are absent.

6. No time limitation on bargaining and/or negotiating.

7. Free market benefits a nation's economy as a whole.

8. The law cannot be able to interfere in situation.
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See perfect DIMINISHING RETURNS.

See perfect BOOM-BUST CYCLE.

See perfect SENSE OF ORDER.

See perfect CHEAP MONEY.

See perfect DEBT BURDEN.

See perfect SPECULATOR.



Quote: "Making money is a hobby that will complement any other hobbies you have, beautifully". - Scott Alexander.

Quote: "A business that makes nothing but money is a poor business". - Henry Ford.

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