History Of Money | From Gold Standard to Paper Money | Explained in Hindi (Part 2) скачать в хорошем качестве

History Of Money | From Gold Standard to Paper Money | Explained in Hindi (Part 2)

Paper money totally stole the show of the Gold Standard in the World.🏆 No longer was gold the king of currency, paper money had taken over the throne with its flashy and convenient ways.👑 Well, What is the Gold Standard? An economic system where a country's currency is backed by gold. The transition from gold to paper money was a monumental change💱 The gold standard had been a limiting factor in economic growth, and the move to fiat money suddenly opened up a world of possibilities.🗝️ Whereas, Paper Money which was first used in China has a greater degree of flexibility in terms of inflation, as its value can be adjusted to accommodate changes in the economy.💸 This shift to fiat money allowed countries to have more control over their own monetary policies and allowed them to better manage their economies.🎇 Did you know Paper Money is in fact made of Cotton & Linen 💵 Timestamps: 1:55 - What was the gold standard & why was it a problem? 10:25 - Limitation of Paper Money Explained 12:25 - Monetary Nationalism #history #of #money Paper money took the world by storm🌪️ and completely overshadowed the gold standard as the monetary superstar.🌟 As always this video is not an Investment advice, Do Your Own Research (#DYOR)🎯 before making a decision. Happy Investing! --------------------------------------------------------------------------------------------------------------------- 🎥To watch more videos: ►History Of Money [Part 1]    • History of Money | From Barter System to F...   ======================= ✅ Subscribe to our channel: https://bit.ly/3JBonhB 📜Visit our blogs to learn more: --------------------------------------------------------------------------------------------------------------------- About CoinDCX:👇 Trusted by 1.3 Crore+ Indians, CoinDCX is a simple and safe crypto investment app to buy Bitcoin, Ethereum, Cardano, Solana and many more. Our content revolves around crypto basics, crypto coins guide, comparison of top cryptos, industry trends, product features/updates, crypto price analysis, live AMA sessions, learn and earn contests. So are you ready to take a step forward in your crypto investment journey with CoinDCX? Subscribe to our channel. CoinDCX does not intend to provide any sort of financial advice and this YouTube channel is for informative and educational purposes only. Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You may write to support@coindcx.com