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14 July, 22:45

Before the United States used Fiat money, we based our currency on an exchange with a particular precious metal. What standard did the United States use before Fiat currency?

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Answers (2)
  1. 14 July, 22:47
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    Gold Standard
  2. 14 July, 23:05
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    Answer: The correct answer is the United States used"gold" as the standard.

    Explanation: The United States began abandoning gold in 1933, but it was not until 1971 that Fiat money became the norm.
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