728x90 728x90 fiatmoney1 Understanding the Gold Standard: A Comprehensive Guide What is the Gold Standard?The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. Under the gold standard, countries agreed to convert paper money into a fixed amount of gold. This system aimed to control inflation and stabilize the currency's value.Historical BackgroundThe gold standard was widely used in the 19th and early 20th cent.. 2024. 7. 26. 이전 1 다음 728x90 728x90