Not to be confused with the Midas touch, the gold standard is a basis for gauging the value of currency, and it played a critical role in the establishment of the U.S. dollar. The nation steadily veered further and further from a true gold standard, and today the U.S. dollar is truly fiat in nature — not backed by any intrinsically valuable commodity. …Read more
Everything You Need to Know About the Gold Standard
Category / Blockchain / Cryptocurrency / Financial System / Free Download / Money and Banking / Polls & Research / Survey 2019 Published on