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How Gold Once Balanced the World’s Economies — And Why It Matters Now

Gold coins spilling from a glass jar onto a dark wooden surface — representing the gold standard's role in balancing world economies

For most of recorded history, trade between nations was governed not by policy meetings or central bank coordination — but by gold. Here’s how the gold standard’s built-in correction mechanism worked, and what its absence means for the $102 trillion in global public debt recorded as of 2024.

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