01637cas a2200241 a 4500 AALejournalIMF010004 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451954616 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. In Search of a Monetary Anchor : A "New" Monetary Standard. Washington, D.C. : International Monetary Fund, 1989. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper explores recent versions of older ideas for stabilizing the value of money based on an independently defined unit of account. The gold standard was such a system, but suffered from gold's fluctuating relative value and the costly need to redeem money for gold. This paper explores monetary standards with relatively constant real values in which the supply of money is market determined by its redeemability for assets equal in value to its valuation basket (rather than for the basket itself). An SDR valuation basket with a constant real value might be widely adopted as a monetary standard. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1989/082 Full text available on IMF http://elibrary.imf.org/view/journals/001/1989/082/001.1989.issue-082-en.xml IMF e-Library