audraburgess02 audraburgess02

07-11-2016
History

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What reason did the banks in the United States have in the mid 1800s for using a gold and silver standard?

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Dd122902 Dd122902

09-11-2016

I think,by law then standard for currency in the US was gold and silver.This gave value to the piece of paper . Today the value is merely taken on faith.If people stop believing it would collapse

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