1. Home >
  2. us off gold standard
us off gold standard

Us Off Gold Standard

May 31 2012 FDR takes United States off gold standard On June 5 1933 the United States went off the gold standard a monetary system in which currency is backed by gold when Congress enacted a joint resolution nullifying the right of creditors to demand payment in gold The United States had been on a gold standard since 1879

[email protected]