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Questions tagged [federal reserve bank]

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CryptoTitan CryptoTitan Thu Nov 21 2024 | 7 answers 1646

What happens if a Federal Reserve Bank does not exchange gold?

I want to know the consequences or possible scenarios that could arise if a Federal Reserve Bank refuses to exchange gold. What would be the impact on the economy, financial markets, or the bank itself?

What happens if a Federal Reserve Bank does not exchange gold?

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