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The Beauty of The Gold Standard | The Twilight of Gold Series | Episode 5 (WiM150)
The "What is Money?" Show
Is There a Gravity to It?
Support for the international gold standard probably grew because it provided improved access to the international capital markets. To be able to do international trade, no one excepted your local dollars in another country,. So in order to perform an natial trade, you actually had to have money on deposit in the country you were doing business in and it had to be gold.
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