Does Currency Equal The Amount Of Gold?

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Do you know why money even exists? Before the currency that we have now, early money was very commodity based. For example, 100 nails equals 20 bushels of apples or 10 cows. Currency first started with bartering, then livestock, cowrie shells, metal tools, coinage, paper, the gold standard and now the fiat system.

Does Currency Equal The Amount Of Gold?

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