Gold

Money


Whilst most countries followed the gold standard during the 19th century - which means that the amount of money always had to be proportional to the gold reserves - such a fixed exchange rate is practically no longer pursued in the 21st century. However, the precious metal is still considered a hedge against inflation, which is why many countries have stashed thousands of tons of gold. By the way: the United States is the country that has the largest gold reserves worldwide.

Comments

 
Zamiq1995 21.01.2023 15:05
Gələcəkdə pul vahidi qızıl olacaq


 
Ulice03 19.01.2023 13:36
No creo que estados Unidos sea el mayor tenedor de oro


 
Ulice03 18.01.2023 20:37
Sería bueno volver al patrón oro


 
PJPorter18 13.01.2023 12:14
Very good, i like its.


 
MrBurdwan 30.12.2022 07:25
It is important metal.


 
BENJAMIN07 21.12.2022 22:03
Its good for me.

I like it.


 
yiee94 18.10.2022 19:05
Gold Everybody loves.


 
yiee94 18.10.2022 19:03
The most loved one.


 
Excellent_HA 21.09.2022 01:24
nice i love this


 
Ermi7 30.08.2022 11:44
even today Gold reserve used as a type of wealth measure