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Gold standard

A Monetary system that backs its Currency with a reserve of gold, and allows Currency holders to convert their Currency into gold. The U.S. went off the Gold standard in 1971.

Related Terms: 8 Currency, Gold standard, Heir, ITS, Low, Lows, Monetary, Net
Other Related Pages: Category: Currency Starting With: G
Semi Related Terms: 415 CLICK HERE TO VIEW
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