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

 
marika_provenzano 08.07.2022 23:40
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Bird2030 06.07.2022 09:41
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marigeta 19.05.2022 06:13
Minunat,toți acest aur...


 
marigeta 19.05.2022 06:13
Minunat,toți acest aur...


 
Dixi 18.05.2022 15:24
Very interesting


 
marigeta 11.05.2022 08:24
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sonia_andrei 20.04.2022 15:15
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faysam80 01.02.2022 15:57
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