Off-topic

Moderator: satchmoa

Off-topic

Postby ThomasEpem » Sat Jan 13, 2018 4:24 pm

In the gold standard system, the standard economic unit is a predetermined weight of gold. There are several types of gold standard systems, but none are currently used by any country as the basis for a monetary system. Some countries do, however, hold significant reserves of gold, so the gold standard could potentially arise.
User avatar
ThomasEpem
 
Posts: 1
Joined: Sat Jan 13, 2018 3:29 pm

Invitations sent: 0
Referrals: 0

Return to Miscellaneous Chatter

Who is online

Users browsing this forum: No registered users and 1 guest