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Summary of Brief History of the Gold Standard GS in the United States by Craig K. Elwell PDF
The U.S. monetary system is based on paper money backed by the full faith and credit of the fed. gov't. The currency is neither valued in, backed by, nor officially convertible into gold or silver. Through much of its history, however, the U.S. was on a metallic standard of one sort or another. On occasion, there are calls to return to such a system. Such calls are usually accompanied by claims that gold or silver backing has provided considerable economic benefits in the past. This report reviews the history of the GS in the U.S. It clarifies the dates during which the GS was used, the type of GS in operation at the various times, and the statutory changes used to alter the GS and eventually end it. It is not a discussion of the merits of the GS. A print on demand oub.
Detail About Brief History of the Gold Standard GS in the United States PDF
- Author : Craig K. Elwell
- Publisher : DIANE Publishing
- Genre : Business & Economics
- Total Pages : 18 pages
- ISBN : 143798889X
- Release Date : 01 October 2011
- PDF File Size : 7,8 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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