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For a period of about 200 years, and really intensely for less than 50 years, the world’s monetary system functioned on a gold standard.
During the gold standard, the world basically functioned for the first time under a single global currency.
Economists have been debating the merits of the system ever since.
Learn more about the gold standard, how it started, and how it ended, on this episode of Everything Everywhere Daily.
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Executive Producer: Darcy Adams
Associate Producers: Peter Bennett & Thor Thomsen
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