write is gold standard.
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The gold standard is a monetary system in which paper money is freely convertible into a fixed amount of gold. In other words, in such a monetary system, gold backs the value of money. ... The U.S. Constitution in 1789 gave Congress the sole right to coin money and the power to regulate its value.
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The gold standard is a monetary system in which paper money is freely convertible into a fixed amount of gold. In other words, in such a monetary system, gold backs the value of money. ... The U.S. Constitution in 1789 gave Congress the sole right to coin money and the power to regulate its value
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