👤

Do you think that the GOLD was a reliable standard for currencies?
Why or why not?

Please Help


Sagot :

Answer:

yes

Explanation:

Gold is a major financial asset for countries and central banks. It is also used by the banks as a way to hedge against loans made to their government and as an indicator of economic health. Under a free-market system, gold should be viewed as a currency like the euro, yen or U.S. dollar.