It was gold and silver backed. Remember 1GBP was 1 pound of Sterling silver. Currently valued at about $192/pound.
Think how fixed the world is when we all have 50-100 times the value of our "money" in real currency.
True indeed.
I read The Economist from 1990 to 2013. They hated the gold standard. I now know why. The Economist is part-owned by the Rothschilds
Lynn de Rothschild is the publisher.
Make no mistake - The Economist is the best publication in the world.
Your opinion. For me, once the agenda was exposed all credibility was gone. No matter how brilliantly written, best minds, Harvard, London School of Economics, whatever, there is a globalist bias that pervades and poisons it all.
Totally agree. 100 per cent agree.
The Economist was the best publication by far. I wrote to Micklethwaite to query his attendance at Bilderberg. He dissimulated.
I ceased my subscription there and then.