Metal As Money - History of Metallic Monetary Systems

History of Metallic Monetary Systems

Historically, silver has been the main kind of money around the world, circulating bimetallically with gold. In many languages, the words for "money" and "silver" are identical. In the final era of global metal-based money, i.e. the first quarter of the 20th century, monometallic gold use has been the standard.

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