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Aug 28 2012 · Disadvantages of Gold Standard Since gold is not divided equally it can lead to imbalances as countries having it as natural resource can exploit countries that have less gold reserves Sometimes money supply is needed to push the economic activity as money can be force multiplier for economic growth which is not possible under this system
List of countries by gold production Wikipedia This is a list of countries by gold production in 2018 For many years until 2006 South Africa was the worlds dominant gold producer but recently other countries have surpassed South Africa China Russia Canada the United States Peru and Australia
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