Author : Craig K. Elwell
Release : 2011-10
Genre : Business & Economics
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Book Rating : 89X/5 ( reviews)

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Brief History of the Gold Standard (GS) in the United States - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Brief History of the Gold Standard (GS) in the United States write by Craig K. Elwell. This book was released on 2011-10. Brief History of the Gold Standard (GS) in the United States available in PDF, EPUB and Kindle. 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.