Timeline for What is the difference between money and currency?
Current License: CC BY-SA 4.0
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Nov 1, 2019 at 13:51 | comment | added | user662852 | The assertion that "gold" is immune from devaluation is historically disproven. The colonial Spanish economy from the 15th-17th century was famously wrecked by gold devaluation after they took too much from South America without an increase in domestic productivity. en.wikipedia.org/wiki/Price_revolution | |
Nov 1, 2019 at 9:14 | comment | added | Gloweye | Most countries abandoned the Gold Standard a while ago. And using the pre-currency barter systems as contrast, then gold used to be credit just the same. | |
Nov 1, 2019 at 3:44 | history | answered | user1781498 | CC BY-SA 4.0 |