Money WondersPlay

Money & Its HistoryMonetary History

The Gold Standard

When every dollar could be swapped for gold

For a century, a dollar was a pinch of gold. So who really decided what your groceries cost: the president, or a miner?

You'll find out

  • What a dollar's gold sells for now
  • Why prices fell for 23 years
  • Who really set your prices

Why it matters

Every call to go back to gold is about this trade-off. Now you can weigh both sides yourself.

About 3 min6 interactive slides · 5 questionsLesson 145 · Zone 17

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