does the united states honor the gold standard?

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does the united states honor the gold standard?

2006-09-25 08:16:53 · 2 answers · asked by aintnutz 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

gold standard for domestic was rid of in the 20's, internationally i think in the 70's... maybe the 60's

so right now, you think you're rich... but all you have is a lot of paper.

2006-09-26 10:50:26 · answer #1 · answered by bbbryan14 2 · 0⤊ 0⤋

The US went off the gold standard years ago.

2006-09-25 15:50:51 · answer #2 · answered by Judy 7 · 0⤊ 0⤋