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guajiro [1.7K]
3 years ago
12

Why do you think the government might go off  the gold standard?​

Social Studies
1 answer:
Natasha2012 [34]3 years ago
6 0

Answer:

Because the global gold supply grows only slowly, being on the gold standard would theoretically hold government overspending and inflation in check. ... The country effectively abandoned the gold standard in 1933, and completely severed the link between the dollar and gold in 1971.

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