Brief History of the Gold Standard (GS) in the United States PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Brief History of the Gold Standard (GS) in the United States PDF full book. Access full book title Brief History of the Gold Standard (GS) in the United States by Craig K. Elwell. Download full books in PDF and EPUB format.

Brief History of the Gold Standard (GS) in the United States

Brief History of the Gold Standard (GS) in the United States PDF Author: Craig K. Elwell
Publisher: DIANE Publishing
ISBN: 143798889X
Category : Business & Economics
Languages : en
Pages : 18

Get Book Here

Book Description
The U.S. monetary system is based on paper money backed by the full faith and credit of the fed. gov't. The currency is neither valued in, backed by, nor officially convertible into gold or silver. Through much of its history, however, the U.S. was on a metallic standard of one sort or another. On occasion, there are calls to return to such a system. Such calls are usually accompanied by claims that gold or silver backing has provided considerable economic benefits in the past. This report reviews the history of the GS in the U.S. It clarifies the dates during which the GS was used, the type of GS in operation at the various times, and the statutory changes used to alter the GS and eventually end it. It is not a discussion of the merits of the GS. A print on demand oub.