What if the DOLLAR Was Still Pegged to the GOLD | Gold Standard | Fiat Money | Business Explainer Video Every once in a while, the gold standard goes back into fashion. The world has moved on from currencies attached to the precious metal for 50 years, but discussions around the topic are more vivid than ever. To understand why going back to the gold standard is still appealing to some people we need to dive into what are the disadvantages and advantages of the system. 00:00 Intro 00:56 What if we still had the Gold Standard 04:49 Research results - What if we had the Gold Standard between 2000 and 2020 08:43 Chapter 2 - The Bretton Woods System If you are interested in this video, you might also like to watch about fiat money, gold logistics and cryptocurrencies. Here:    • Gold, Money and Crypto | ENDEVR   Sources: 1: https://www.econ.iastate.edu/node/707 2: Debt: https://www.cbo.gov/system/files/2021-02/56970-Outlook.pdf GDP: https://www.bea.gov/news/2021/gross-domestic-product-fourth-quarter-and-year-2020-second-estimate Gold reserves: https://fiscal.treasury.gov/reports-statements/gold-report/current.html#:~:text=Book%20Value%3A%20The%20Department%20of,30%2C%202020%20was%20%24493.4%20billion. 3: https://fred.stlouisfed.org/series/GFDEBTN 4:https://gold-standard.procon.org/ 5:https://www.nytimes.com/roomfordebate/2010/11/09/back-to-a-gold-standard/hindering-recovery-fostering-protectionism 6:https://gold-standard.procon.org/ 7: https://www.nber.org/system/files/working_papers/w28015/w28015.pdf 8: https://www.economist.com/finance-and-economics/2020/12/16/what-if-a-gold-standard-were-still-in-use 9: https://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/trump-gold-standard/#:~:text=For%20example%2C%20if%20the%20US,heavy%20gold%20bullion%20or%20coins 10: https://www.forbes.com/sites/nathanlewis/2020/03/27/what-if-we-had-a-gold-standard-right-now/?sh=37ca04793e58 11: https://qz.com/1646318/why-trump-and-judy-shelton-want-the-us-back-on-the-gold-standard/ https://www.bloomberg.com/news/articles/2012-08-31/gop-in-gold-we-trust 12: https://qz.com/1646318/why-trump-and-judy-shelton-want-the-us-back-on-the-gold-standard/ 13: https://www.nytimes.com/2020/11/17/business/economy/judy-shelton-fed-vote.html?searchResultPosition=1 https://thehill.com/policy/finance/533459-wall-street-braces-for-tougher-rules-under-new-democratic-majority 14: https://www.wsj.com/articles/SB908404688647130000 15: http://www2.econ.iastate.edu/classes/econ355/choi/1900mar14.html 16: https://www.thebalance.com/what-is-the-history-of-the-gold-standard-3306136#citation-29 http://www2.econ.iastate.edu/classes/econ355/choi/1900mar14.html 17: https://www.thebalance.com/what-is-the-history-of-the-gold-standard-3306136#citation-29 18: https://www.nytimes.com/1933/04/06/archives/hoarding-of-gold.html 19: https://www.usmint.gov/about/mint-tours-facilities/fort-knox 20: https://www.nytimes.com/2013/03/03/business/bretton-woods-monetary-agreement-examined-in-a-new-book.html 21: https://2001-2009.state.gov/r/pa/ho/time/wwii/98681.htm#:~:text=The%20Bretton%20Woods%20Conference%2C%20officially,post%2DWWII%20international%20monetary%20system. 22: https://www.nytimes.com/2013/03/03/business/bretton-woods-monetary-agreement-examined-in-a-new-book.html https://www.nytimes.com/2014/07/25/opinion/a-chinese-gold-standard-renminbi.html 23: https://www.nber.org/system/files/chapters/c6876/c6876.pdf 24: https://www.thebalance.com/what-is-the-history-of-the-gold-standard-3306136#citation-29 25: https://qz.com/1646318/why-trump-and-judy-shelton-want-the-us-back-on-the-gold-standard/ https://history.state.gov/milestones/1969-1976/nixon-shock 26: https://history.state.gov/milestones/1969-1976/nixon-shock 27: https://qz.com/1646318/why-trump-and-judy-shelton-want-the-us-back-on-the-gold-standard/ https://www.cvce.eu/content/publication/1999/1/1/168eed17-f28b-487b-9cd2-6d668e42e63a/publishable_en.pdf 28: https://history.state.gov/milestones/1969-1976/nixon-shock ▬▬▬▬▬▬▬▬▬ Subscribe ENDEVR for free: https://bit.ly/3e9YRRG Join the club and become a Patron: https://www.patreon.com/freedocumentary Facebook: https://bit.ly/2QfRxbG Twitter: https://bit.ly/2QlwRiI ▬▬▬▬▬▬▬▬▬ #FreeDocumentary #ENDEVR #GoldStandard ▬▬▬▬▬▬▬▬▬ ENDEVR explains the world we live in through high-class documentaries, special investigations, explainers videos and animations. We cover topics related to business, economics, geopolitics, social issues and everything in between that we think are interesting.