What is the Gold Standard
Gesara.news » News » What is the Gold StandardNews Date: July 7, 2020
Gold standard, monetary system in which the standard unit of currency is a fixed quantity of gold or is kept at the value of a fixed quantity of gold. The currency is freely convertible at home or abroad into a fixed amount of gold per unit of currency.
In an international gold-standard system, gold or a currency that is convertible into gold at a fixed price is used as a medium of international payments. Under such a system, exchange rates between countries are fixed; if exchange rates rise above or fall below the fixed mint rate by more than the cost of shipping gold from one country to another, large gold inflows or outflows occur until the rates return to the official level.
President Franklin Roosevelt suspended the gold standard in 1933, a move which is widely credited with helping the country climb out of the Depression.
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Donald Trump issued a secret presidential memorandum to Declassify Anti-aging & Free Energy TechnologiesAccording to a secret space program whistleblower, Corey Goode, President Donald Trump issued a highly classified Memorandum soon after his January 20th inauguration ordering the release of a group of classified patents concerning anti-aging and health, along with free energy technologies.
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