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Why do we no longer use a gold standard

by | Dec 1, 2023 | Posted Questions

9.1 – Why do we no longer use a gold standard?

9.2 – Within a country, who (which social groups) are likely to favour:

a) low inflation,

b) a low foreign exchange rate and

c) a low interest rate?

9.3 – What is seigniorage?

9.4 – What was the Bretton Woods system?

9.5 – What were its strengths and weaknesses?

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