a paper currency

Our debates possess'd me so fully of the subject, that I wrote and printed an anonymous pamphlet on it, entitled "The Nature and Necessity of a Paper Currency."

我们的辩论使我对于这一题目感到很大的兴趣，甚至我撰写和发表了一本不具名的小册子，名为《纸币的性质和需要》。

A recent Treasury research paper admitted that there was no fail-safe method to estimate the correct value of a currency.

最近财政部的一份研究论文承认，在评估一种货币的正确价值时，并没有一种万无一失的方法。

Of course, to guard against inflation it would be far better to anchor a currency to a tradable index of real things than to paper currencies.

当然，要防止通胀，以一个可以成交的实物价格的指数为锚，远胜一篮子用纸造的货币。