Web20 dec. 2024 · 1) It is good enough. Whatever variation gold may have, against this ideal of Stable Value, has not been large enough to matter very much. It works very well. 2) There is no better alternative ... Web12 aug. 2024 · Since 1971, the United States dollar has had a fiat currency backed by the “full faith and credit” of the government and not backed by, valued in, or convertible into gold. Proponents of the gold standard argue that gold retains a stable value that reduces the risk of economic crises, limits government power, would reduce the US trade ...
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