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    mindyhersh Alisha Mowder

Solid Gold : The Gold Standard

Alisha Mowder

The Republican Party’s platform alluded to a return to the gold standard, the monetary system to which the U.S. adhered strictly until midway through the Great Depression and abandoned entirely in 1971. But what is the gold standard, anyway? Why did we leave, and what would happen if we went back on?

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