| “What country today, besides the United States, could transition to a gold standard system The technical answer is: any of them. However, that is not what she meant. What she meant is: what country could do so, without causing unacceptable levels of economic turmoil?
That is a more difficult question. The basic problem facing a country like Nicaragua, Pakistan, Cambodia — or China — is that the major international currencies, such as the dollar, euro, pound and yen, are highly variable compared to gold...............................................Full Article: Source
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