alt Hacker NewsIf the European countries had wanted to be independent from the US, they would have adopted the gold standard for their currency
Replies
deely3 • today at 6:24 AM
Why? Honestly, how it will help?
If the European countries had wanted to be independent from the US, they would have adopted the gold standard for their currency
Why? Honestly, how it will help?
lol, we(america) were the ones who fucked with the gold standard and had the system collapse due to lack of trust in the first place[1]
Please explain your logic behind the idea that European countries needed to have adopted the gold standard that the US unilaterally changed the rules on, to be independent from the US.
[1]https://en.wikipedia.org/wiki/Nixon_shock