James A. Landau
JJJRLandau at AOL.COM
Fri Mar 21 13:59:33 UTC 2003
>From <A HREF="http://www.investopedia.com/terms/m/monetize.asp">http://www.investopedia.com/terms/m/monetize.asp</A>
"1. To convert into money.
2. To convert from securities into currency that can be used to purchase
goods and services.
For example, you'll often hear Internet marketers talk about "monetizing
website visitors." This is another way of saying that the marketers are
trying to figure out a way of making money from website visitors, whether it
be through advertising, e-commerce, etc."
There is also
185 South First St.
Lehighton, PA 18235
This Web page carries a copyright notice of "1988 - 2003" which does not
prove but does suggest the word or name "monetize" existed in 1988.
There were 40,500 Google hits on "monetize" and 165 on "monetarize",
including a <A HREF="www.monetarize.com">www.monetarize.com</A>. There is even the following "Aksi takdirde
iç borç sorunu monetarize edilirken mevcut resesyon devam edecek" at <A HREF="www.activefinans.com/activeline/sayi17/icborc.html">
www.activefinans.com/activeline/sayi17/icborc.html</A>, which is the Web site of
a bank in Istanbul, Turkey.
In a message dated 3/21/2003 8:24:14 AM Eastern Standard Time,
einstein at FROGNET.NET writes:
> Historical usage: "monetize the debt," i.e. inflate it away
This appears to be an oversimplification. Monetizing can be a force causing
inflation, but is not deliberate inflation per se. cf <A HREF="http://nesara.org/faqs/inflation_and_the_national_debt.htm">
"When currency is created privately by monetizing debt at the local level,
there is no currency inflation because goods and services back that currency.
However, when governments monetize debt, there is almost always inflation
because additional goods and services seldom back that new currency." (Read
the Web site for more lecture on economics; I am only trying to give a
citation for "monetize")
- Jim Landau
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