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Category: Economics

Richard Nixon starts the effects of ending the gold standard
February 5, 2021 Economics

The Unseen Effects of Ending the Gold Standard

Gold has been the most universally accepted currency in the history of the world, and up until 1971 the markets effectively used gold as a measure to price everything else. It began in the middle ages when bankers started issuing

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the history of money
January 20, 2021 Economics

The History of Money

Nearly everyone in the world uses some form of it, but most people aren’t aware of the history of money. I think if you understand where it came from it can help you understand its future. To begin I think

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US Economy in 2020
January 1, 2021 Economics

The US Economy in 2020: A Year in Review

The US economy in 2020 has been more chaotic than anytime in the last 80 years. Markets plunged when it became clear that the country would face an extended lockdown, and then rallied once the government passed relief measures. This

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