Jenny asks…What criteria are used to determined how much gold a country needs to start to hoard up a currency?What I mean is what criteria are used to determined how much gold a country needs in a heavily guarded Reserve in order to start printing money to put out in the streets?Anne answers:Countries should use gold to back their currency to fight inflation. A lot of countries don't use this method anymore! Http://en.wikipedia.org/wiki/Gold_standard
Some countries peg their currency to U.S dollars. That means their "gold in the vaults" is actually U.S dollars. They really would be
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