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Topic: Business
Number of pages / Number of words: 4 / 1100
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It can help some countries and hurt others. One way that we used to keep inflation to a minimum was the gold standard. With the gold standard U.S. currency was backed by gold. This created a fixed rate for the value of the dollar and other countries as well. This kept exchange rates dollars and other types of currency in a consistent ratio...


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((FRB of N.Y. , 2008). This gold standard was set up in 1944. At that time the U.S. dollar was fixed at a rate of $35 and ounce for gold. Other countries money was looked at as dollars too.

With production of gold and mining gold was slow the rates of increase were small and slower so it kept the currencies at a stable pace...


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Gold Standard Effects Of The National Minimum Wage On Unemployment And Inflation Foreign Exchange Bangladesh Foreign Exchange Management Foreign Exchange Market Summary Foreign Exchange Market/Gold Standard Summary Foreign Exchange Markets Now and Then Foreign Exchange Markets Foreign Exchange market Foreign Exchange Gold - The Standard and The Investment Gold Standard Foreign Exchange Market The Foreign Exchange Market Study Of Relationship Between Foreign Exchange Market &Amp;Amp; Stock Market The Federal and State Minimum Wage Growth, and Inflation

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