3 ms·
The "gold standard" just happened to be the last one to be abolished: it was only really predominant around the 1800s. Silver was by far the most prevalent meta
by murderfs 6y ago
The "gold standard" just happened to be the last one to be abolished: it was only really predominant around the 1800s. Silver was by far the most prevalent metal used in currency for millenia, to the point where almost every single modern currency is named after a silver coin.