Questions tagged [gold-standard]

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Gold Standard: Settling Up — how were large transactions handled between companies?

I got the impression that the purchase of Alaska from Russia required at some point what would have been at 20 bucks/ounce (I think gold was at one point much less than 20) 350k ounces or roughly 10 ...
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National gold reserve vs boosting economy

In Free to Choose: A Personal Statement (Milton and Rose D. Friedman) I read that when a given country economy is developing well then the national reserve of gold is decreasing, while if that country ...
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Primary difference between FDR and Nixon for de-linking gold with dollar?

I'm unable to understand the different role that both FDR and Nixon, played in de-linking gold with dollar. I do understand that after Nixon, value of dollar is not linked to amount of gold (No ...