Gold standard

darko/Speculative Bubble

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Gold standard. 1 connected concept: Panic of 1873 (related to).

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Community · Panic of 1873

Summary

A gold standard is a monetary system in which the standard economic unit of account is defined by a fixed quantity of gold.

23 words

Connections1

Monetary framework influencing the crisis duration
The adherence to the gold standard by major industrial nations limited the ability of governments to expand the money supply during the resulting depression.
SourcesWikipedia Wikidata Wikipedia Wikidata

Facts