All tagged gold standard

Episode 99: Connecting with the Spirit of Money: From Barter to Bitcoin

She delves into the history of money, explaining how it has evolved from the barter system to the use of shells, metals, coins, and eventually paper money backed by governments. She highlights the changes in human consciousness and economic systems over time, leading to the current fiat money system and the emerging cryptocurrency. She also introduces the concept of the spirit of money and money archetypes, which have evolved alongside these monetary systems, reflecting different roles and relationships with money throughout history.

Why do countries keep gold reserves?

When it comes to international finance, gold has long maintained its allure as a symbol of wealth. Despite the creation of modern currencies and the more recent rise of digital transactions, countries around the globe continue to stockpile this precious metal. But why do nations hold on to vast amounts of gold?