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  2. Gold standard - Wikipedia

    en.wikipedia.org/wiki/Gold_standard

    Once off the gold standard, it became free to engage in such money creation. The gold standard limited the flexibility of the central banks' monetary policy by limiting their ability to expand the money supply. In the US, the central bank was required by the Federal Reserve Act (1913) to have gold backing 40% of its demand notes. [66]

  3. Gold Standard Act - Wikipedia

    en.wikipedia.org/wiki/Gold_Standard_Act

    The Gold Standard Act was an Act of the United States Congress, signed by President William McKinley and effective on March 14, 1900, defining the United States dollar by gold weight and requiring the United States Treasury to redeem, on demand and in gold coin only, paper currency the Act specified. [1]

  4. Gold Clause Cases - Wikipedia

    en.wikipedia.org/wiki/Gold_Clause_Cases

    The Gold Clause Cases were a series of actions brought before the Supreme Court of the United States, in which the court narrowly upheld the Roosevelt administration's adjustment of the gold standard in response to the Great Depression.

  5. What Has Government Done to Our Money? - Wikipedia

    en.wikipedia.org/wiki/What_Has_Government_Done_to...

    In "The Case for a 100 Percent Gold Dollar", Rothbard argues that having a currency permanently fixed by law at a certain weight in gold, and always redeemable in gold, greatly incentivizes governments and banks to be much more ethical, civil, and honest in their lending methods, accounting methods, and in their honorable pursuits of other ...

  6. What a Return to the Gold Standard Would Mean for You

    www.aol.com/news/2012-08-30-gold-standard-return...

    Given that the U.S. gold reserve is an estimated 260 million ounces -- worth around $431 billion -- to convert to the gold standard, Washington would first have to acquire a massive amount of bullion.

  7. Gold certificate (United States) - Wikipedia

    en.wikipedia.org/wiki/Gold_certificate_(United...

    A Series 1934 $10,000 gold certificate depicting Salmon P. Chase, Smithsonian Institution. Gold certificates were issued by the United States Treasury as a form of representative money from 1865 to 1933. While the United States observed a gold standard, the certificates offered a more convenient way to pay in gold than the use of coins.

  8. Gibson's paradox - Wikipedia

    en.wikipedia.org/wiki/Gibson's_paradox

    Gibson's paradox is the observation that the rate of interest and the general level of prices under the gold standard [1] are positively correlated. [2] It is named for British economist Alfred Herbert Gibson who noted the correlation in a 1923 article for Banker's Magazine. The correlation had been noted earlier by Thomas Tooke. [3]

  9. Today's Wordle Hint, Answer for #1259 on Friday, November 29 ...

    www.aol.com/todays-wordle-hint-answer-1259...

    If you’re stuck on today’s Wordle answer, we’re here to help—but beware of spoilers for Wordle 1259 ahead. Let's start with a few hints.