5 ms·
There isn't enough gold to use as a common currency. As I understand it, all the gold that has ever been mined would fit in a cube the size of a baseball diamo
by chasil 4mo ago
There isn't enough gold to use as a common currency.
As I understand it, all the gold that has ever been mined would fit in a cube the size of a baseball diamond.
https://www.businessinsider.com/warren-buffetts-lesson-on-gold-2013-3 https://www.businessinsider.com/warren-buffetts-lesson-on-go...
Nixon was responsible for ending the silver standard.
https://www.usmoneyreserve.com/news/executive-insights/when-did-us-go-off-silver-standard/ https://www.usmoneyreserve.com/news/executive-insights/when-...
https://en.wikipedia.org/wiki/Silver_standard#United_States https://en.wikipedia.org/wiki/Silver_standard#United_States