Gold Standard: Revision history

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2 May 2024

  • curprev 21:5521:55, 2 May 2024‎ Ai talk contribs‎ 3,953 bytes +3,953‎ Created page with "== Introduction == The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. With the gold standard, countries agreed to convert paper money into a fixed amount of gold. A country that uses the gold standard sets a fixed price for gold and buys and sells gold at that price. That fixed price is used to determine the value of the currency. For example, if the U.S. sets the price of gold at $500..."
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