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The Count
The Count asked in Social ScienceEconomics · 3 years ago

What would really happened to the U.S. if it went on a "gold standard"?

Pluses and minuses?

Would it ever happen?

2 Answers

Relevance
  • Anonymous
    3 years ago
    Favourite answer

    Con: we don't have enough gold to back up today's dollars.Pro: It might kill inflation.

  • blubberbutt
    3 years ago

    gold would be worth more than 20,000 per ounce.

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