[VIDEO] “Gold backing” of the dollar

 

 

Gold and the dollar are considered to be rivals, but it was the precious metal that helped the US currency to take leading positions in the international market. Over the years of confrontation, their competition has evolved in different ways, but the fact remains the same: thanks to a solid gold base, the dollar has become the main currency in the world economy.

 

How did “gold backing” help the dollar gain power?

Click the button and find out what history teaches us.

 

WATCH

Published: 28.08.2023



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