| Date: |
Monday, January 1, 2001
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| Question/Topic: |
Gold
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| Answer/Pointer: |
Parade Magazine, 5/19/96, "Ask Marilyn," by Marilyn Vos Savant:
"...one of the reasons that the world's currency is no longer based on gold is that there just isn't enough of it.
(The full gold standard lasted only from the the 1870s to World War I; the international monetary system
is now based on stable paper currencies like the dollar.) In fact, all the gold that has ever been mined
would fit into a cube measuring 20 yards on each side."
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| Librarian: |
LCLCPL
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| Comments: |
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