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16 October, 10:56

Throughout history, why were gold and silver the preferred kinds of commodity money?

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  1. 16 October, 11:10
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    They are valued metals unlike the paper bills today which is given the value in the hands of the government and are just printed. Gold and silver also have all the main components that money should have, portability, limited supply, durability, divisibility, uniformity, and so on.
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