RE: photos that prove Afghanistan is one the most beautiful places on earth.
September 4, 2021 at 1:49 am
(September 4, 2021 at 1:11 am)Fake Messiah Wrote: The gold standard was abandoned back during WW1 when production overwhelmed gold stocks, and when nations tried to go back to the gold standard it was obvious that it didn't work anymore, and instead used market exchange rates and production to base money currency rates.
Is this guy for real?
https://www.history.com/this-day-in-hist...d-standard
Quote:The government held the $35 per ounce price until August 15, 1971, when President Richard Nixon announced that the United States would no longer convert dollars to gold at a fixed value, thus completely abandoning the gold standard. In 1974, President signed legislation that permitted Americans again to own gold bullion.
"Reaped what we sown" - Hillary Clinton
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