Conditions in the world of finance are, of course, also radically different than they were 50 years ago, when the nations of the world were attempting to reinstitute the international GOLD EXCHANGE STANDARD, abandoned at the outbreak of World War I. The GOLD STANDARD as a stable medium of international exchange, and the use of GOLD as an OFFICIAL STANDARD OF VALUE for DOMESTIC

 

Conditions in the world of finance are, of course, also radically different than they were 50 years ago, when the nations of the world were attempting to reinstitute the international GOLD EXCHANGE STANDARD, abandoned at the outbreak of World War I. The GOLD STANDARD as a stable medium of international exchange, and the use of GOLD as an OFFICIAL STANDARD OF VALUE for DOMESTIC