Posted 05/22/2009 5:35 pm
The first to de-link their currency from gold or any metal backing was the UK back in... 1923? That's why they recovered first from the Great Depression. And then was France, which was the second to recover. If fact, there is a straight correlation for the earlier the country de-backed their currency, the quicker they recovered from the depression.
The last to do this was Switzerland in 2000, which was forced to abandon their 40% backing (which was in the constitution! they had to amend it...) because of some JewishAmericanWorld Congress sued the Schweizer Nationalbank for storing Nazi gold.
I know this isn't really answering the question, but this is about all I know. So far, I think it is the US that made the last regular circulating gold coins.
The last to do this was Switzerland in 2000, which was forced to abandon their 40% backing (which was in the constitution! they had to amend it...) because of some Jewish
I know this isn't really answering the question, but this is about all I know. So far, I think it is the US that made the last regular circulating gold coins.
Edited by wd1040
05/22/2009 5:38 pm
05/22/2009 5:38 pm
