The purchasing power of a currency expressed in terms of a precise measure of a particular grain. Especially in times of strong inflation, the grain value was used as a basis for contracts. In economic history, the value of grain is often used to determine the value of money. – Grain is also often called (the) trait in older documents. – See rye bonds.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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