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How did countries react to the demand to convert paper money into gold?
Wiki User
∙ 13y ago
The demand to convert paper money into gold was a demand beyond what the treasuries of countries could supply.
Wiki User
∙ 13y ago
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What does will pay to the bearer on demand mean?
On the paper currency of many countries, there is a phrase that says "will pay to the bearer on demand." This means that the money is essentially nothing more than a promissory note but it is backed by gold owned by the government.
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In what country? All major countries issue paper money. Please restate your query in a new, separate question.
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Do other countries have paper money?
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Why is paper money green?
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What was shinplaster?
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What is the demand and supply gap of paper cups and paper bags?
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