Sentences with phrase «limited gold reserves»
A ferocious monetary squeeze and competition across countries for limited gold reserves followed and contributed to the Great Depression.
https://www.scientificamerican.com/ Not exact matches
Whereas the world's financial system formerly rested on gold, central bank reserves now are held in the form of U.S. Treasury IOUs that can be run up without limit.
Much more owner - friendly is the law in the Anglosphere, Commonwealth nations only reserve the rights for gold and silver, but give mining rights for a limited time.
Gold is considered the top level for most, since Platinum is reserved for a limited number of members flying in premium classes.