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Gold standard

Gold Standard is a monetary standard under which the basic unit of currency (i.e. 1dollar, 1pound) is equal in value to  a specified 
amount of gold.

The Gold Standard was abandoned in 1971 under US President Nixon.

See links below to asses the end of Gold Standard impact.
                                                                                      
| Inflation - Canada |
                                                                                               
| Inflation - China |                                                                                
                                                                                                                        
| Inflation - Euro Zone |
                                                                                                           
| Inflation - New Zealand |

| Inflation - United Kingdom |

| Inflation - United States |

 www.aboutinflation.com    most visited pages

















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Australia cash rate

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