What is the Gold Standard?
Nov 22, 2017 9:31:00 GMT 12
Post by RKC on Nov 22, 2017 9:31:00 GMT 12
G'day,
What is the Gold Standard?
Before 1974, U.S. dollars were backed by gold. This meant that the federal government could not print more money than it could redeem for gold.
Regards,
Rob (RKC)
What is the Gold Standard?
Before 1974, U.S. dollars were backed by gold. This meant that the federal government could not print more money than it could redeem for gold.
Regards,
Rob (RKC)