Cryptocurrency Q&A
Is the gold standard real?
Is the gold standard real?
SamsungShineBrightnessRadianceGlitter
Fri Nov 29 2024
|
7
answers
1508
I'm wondering if the gold standard is actually real. I've heard about it in economic discussions, but I'm not sure if it's a tangible concept or just a theoretical idea.
7 answers
Elena
Sun Dec 01 2024
The gold standard played a pivotal role in the international monetary system.
Was this helpful?
50
34
Federica
Sun Dec 01 2024
From the 1870s until the early 1920s, it served as the foundation for global economic transactions.
Was this helpful?
314
24
Lorenzo
Sun Dec 01 2024
The gold standard experienced a resurgence in the late 1920s, lasting until 1931.
Was this helpful?
66
64
Giuseppe
Sat Nov 30 2024
Following this period, it was re-established in 1941.
Was this helpful?
245
60
SamuraiHonor
Sat Nov 30 2024
This re-establishment was part of the Bretton Woods system, which aimed to stabilize the global economy.
Was this helpful?
342
27
Load 5 more related questions
