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The world economy is a complicated system that has actually gone through various stages in the previous century. As unusual as it might sound today, there have actually been times when banking crises were uncommon, pay was increasing along with efficiency, and the U.S. dollar would purchase a particular quantity of pure gold. Despite its apparent successes in specific locations, the international financial system that laid the structures for this time of steady development ultimately stopped working, and here’s why.

When $35 Bought You an Ounce of Gold

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