Take the 2-minute tour ×
Economics Stack Exchange is a question and answer site for economists and graduate-level economics students. It's 100% free, no registration required.

I hear a lot of debate over the removal of the U.S. Dollar's precious metal backing and the subsequent inflation rates, but is there any proven relationship between unbacked currency and extreme inflation or is fractional reserve banking by individual corporations more to blame?

In short, what are the real effects of the removal of precious metal backing from the U.S. money supply?


migrated to quant.stackexchange.com by Turukawa Apr 28 '12 at 17:24

This question belongs on our site for finance professionals and academics.

A policy of low inflation. –  user8077 Oct 16 '11 at 4:23

Browse other questions tagged or ask your own question.