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A Currency is "Reevaluated"
Economic activity inside North Korea has reportedly ground to a halt following a government announcement that it is devaluing its currency at a rate of 100:1. There were reports of public outrage and...
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Why Did the U.S. Abandon the Gold Standard?
Some have called for a return to the gold standard. How would it affect the economy? What is the gold standard? It’s a monetary system that directly links a currency’s value to that of gold. A country...
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