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This is still trading but instead it is trading goods for other goods this is trading goods for money. What happens when you decide to trade internationally? How can your tribe or country’s money compare to others’ worldwide? This is where the “Gold Standard” comes into effect.
Finally something that is worth the same everywhere will base how much your broken-down monetary system is worth. Today we have the Foreign Exchange which does trillions of dollars a day in monetary trading, but first let us start from the “Gold Standard” to learn how it started.
The “Gold Standard” is a way to trade internationally for goods and products...
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