The Goldback Podcast | Ep. 4: The Gold Standard Isn't What You Think It Was!
How does Goldback compare to the classical gold standard, and what can we learn from the monetary system America used more than a century ago?
In this episode of The Goldback Podcast, Jeremy Cordon and Jeff Meigs break down how the historical gold standard actually worked, from pennies and silver coins to gold coins, certificates, and paper money.
They explore what money was really worth 100 years ago, why everyday Americans rarely used gold coins for normal purchases, how the U.S. Mint made money producing currency, and why gold coins worked differently from smaller denominations.
Jeremy and…
The skinny
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