Gold Standard vs Fiat Money: Why One Failed | Hindi скачать в хорошем качестве

Gold Standard vs Fiat Money: Why One Failed | Hindi

Gold Standard vs Fiat Money: Why One Failed | Hindi In this video, we'll delve into the concept of the gold standard, a monetary system where a country's currency is pegged to the value of gold. We'll explore the brief history of the gold standard, its evolution, and why it ultimately didn't work. The gold standard, which was abandoned in 1971, had its advantages, but it also had significant limitations that led to its downfall. We'll discuss how the gold standard system affected inflation, interest rates, and the overall economy, and why many economists believe that going back to the gold standard is not a viable solution. This video aims to provide a comprehensive understanding of the gold standard economics and its relevance in today's fiat money system. So, if you're interested in learning about macroeconomics and the gold standard in Hindi, then this video is for you! Keytags : Gold standard in Hindi 1971 gold standard Inflation Interest rates macroeconomics The gold standard explained Gold standard history Gold standard system Gold standard economics economics economy recession deflation History of money currency #goldstandard #fiatmoney