Why did all the world s civilizations eventually recognize gold, the common currency?

Updated on Financial 2024-06-03
31 answers
  1. Anonymous users2024-02-11

    I have to say that the question you raised is very interesting, I haven't thought about it anyway, but it seems that the law of development of human society seems to be like this, whether we admit it or not, the standard used by various countries in the world today to measure their foreign exchange reserve capacity is **, for a simple example, the first step in the area occupied by small Japan in World War II was to plunder ** and transport it back to the mainland, in the ** big robbery we can see this scene, whenever I see the golden ** transported to other countries, my heart is trembling.

    At first, the currency we used was just the usual shells, but after a long time, the rulers found that there were more and more shells, because of how to do this thing made by the common people, so there were bronze coins minted by various countries during the Warring States period. However, with the division and merger of the world, in order to unify the currency, the currency finally made of silver and gold was the most durable, and this currency could only be produced by the government, and the production of the common people could also be found. This is also the trend for Western countries.

    But the reserves are limited after all, if everyone comes to exploit **, then how can you do it, your country only needs to have**, and other countries will definitely come to invade you, so there is the fall of the Qing Dynasty. In the final analysis, the amount of ** is related to the actual purchasing power of a country and its own currency, and ** is also a measure of a country's purchasing power.

    We all know that the currency directly linked to the dollar is now the dollar, because the value of the dollar is equal to the dollar, so the dollar is now the international currency, and once the dollar depreciates, it means that your country's foreign exchange reserves are shrinking, which is extremely unfavorable to the development of a country, so many countries either ship the dollar back to China, or maintain the dollar exchange rate.

    **Although it is good, but the strategic significance is more important, as the masses, we may be helping the country by doing our work well.

  2. Anonymous users2024-02-10

    ** is now a valuable item that everyone recognizes. Many people buy when they have enough property, because it is not easy to depreciate. Able to be stored for a long time, guaranteed exchange rate. Now everyone agrees with **, and there are some reasons.

    The first, ** was the first to be discovered. There are many metals in the world, there are hundreds of species, but ** is the earliest metal found in the world, thousands of years earlier than other metals. Because of his stable performance and the ability to store it in a simple form in the natural volume, his properties were discovered very early.

    The second, ** has enough amount, but is rare enough. ** is a rare metal, but it is in sufficient quantities in nature to act as a trade for people. Able to be used by most people when trading.

    The third, ** is equal to the general equivalent. Our concept of a general equivalent is a constant thing that we can trade with. Just like our current Renminbi currency, the reason why we can use the renminbi to buy things in China is because money can act as a general equivalent.

    And ** is the general equivalent of antiquity. **Divided into fixed sizes, formats, different sizes** represent different values, and each item has the same value. When the values are equal, the deal is formed.

    In the past, people used shells, because shells are also rare, and also served as a general equivalent for a certain period of time. But the shells are fragile, so it's not very trying. After the discovery of **, it replaced the status of the general equivalent of shells.

    Fourth, ** is widely distributed. Although rare, there are still quite a few of them, and they are very widely distributed. The five continents and four oceans of the earth are distributed, so they have the same reason, and they are recognized by people all over the world, and they have become the general equivalent of the whole world for trading.

  3. Anonymous users2024-02-09

    There is an old saying, antiques in prosperous times, troubled times**. This sentence shows the value of **, which has long been collected by people as a property. **High value, not easy to wear, easy to store, and the world circulates, so it has been used by people as a kind of wealth collection, although we have always refused to admit that ** is a currency.

    From barter, to shells to copper coins, to gold and silver as currency, to gold and silver coins, to paper money, to electronic money, money is constantly developing, but the value of ** is standing. We created a world on the gold standard, and in the early days, ** was everything.

    So what is it that defines the nature of the gold standard in our world? It is mainly due to the characteristics of **, as mentioned earlier, ** is not easy to wear, which is a very important point. When you buy all luxury goods, there will be a time when they get old, and then**will fall, and **not,**not easy to rust, not easy to wear, if the gold jewelry is worn for a long time, it can be restored by cleaning, and it does not affect the value, so ** almost always retain its value.

    In some extreme cases, such as the bankruptcy of the country, paper money is worthless like waste paper, which is the value of the ** is shown. There is only ** this universal currency can be circulated, just like the previous Russian economic crisis, the ruble depreciated wildly, and only families with ** or dollars at home could not be affected. And the dollar is not stable, if the next economic crisis happens in the United States, only ** can save the American people.

    To sum up, due to its ability to stabilize and preserve value, ** has become the most stable property reserve in the world, and it has also created this gold standard world.

  4. Anonymous users2024-02-08

    **As a commodity that has been circulating throughout the ages, it is widely liked by everyone, and the reason is that we have given it value, and the value of this material is constantly changing with the development of human social civilization. And in any era, when a civilization develops to the end, ** has become a material associated with the economy of this civilization.

    In Marx's political economy, there is such a sentence: gold and silver are naturally not money, and money is naturally gold and silver, which is determined by the attributes of **. Because of its hard texture, easy preservation, high plasticity, and relatively scarce quantity, therefore, in the development of human beings, it has become popular with human beings.

    Take the current China as an example, since the reform and opening up, China's economic strength is constantly increasing, and its influence in the world is gradually expanding. At present, the circulation of RMB in our country is different, and the currency in circulation in other countries is also different, and at the same time, these currencies in circulation are essentially worthless, so their quantity is also under the control of various countries, which is easy to cause inflation.

    And **, the reserves in the world are certain, its value is eternal, although there are certain fluctuations in various eras, but its own value will not be greatly discounted, and it is a world-recognized substance. When our civilization develops to the end, all countries go back to develop our economy, so ** will become our main resource to compete for, because this can be unconditionally circulated in any country.

  5. Anonymous users2024-02-07

    Because the amount is relatively small, more precious, and not easy to wear and tear, the appearance is beautiful, not easy to discover, and the storage value is relatively high, so almost all ancient civilizations like to use ** as currency.

  6. Anonymous users2024-02-06

    This is because ** has a high value, and ** is also very beautiful and can be used as an ornament, so humans like to use ** as currency.

  7. Anonymous users2024-02-05

    This is because ** is very valuable and also has a special gold content, so it is very good to circulate as a currency.

  8. Anonymous users2024-02-04

    This is because the quantity is still relatively scarce, and it is also because the use value is relatively high, which can be used for trading and trading.

  9. Anonymous users2024-02-03

    It is a precious metal and can be used as a currency for the following reasons: it is rare, it has a very high chemical stability, it has a very high density and weight, it is widely accepted in trading, and it has a long history.

    With rarity

    It has very little distribution on Earth, so stable ** is very difficult to obtain. This means that the stability of **** is lower than that of most other items, so the preciousness and scarcity of **** can be ensured.

    2. It has extremely high chemical stability

    **Virtually no corrosion and oxidation by air, water or other elements, which allows Yellow Solanum to retain its beauty and color for a long time, and it is not easy to lose weight and preciousness. The chemical stability of ** is also one of the reasons why it is used as jewelry pieces such as art, decorations, etc.

    It has a very high density and weight

    The heavier and very heavy volume relative to its size means that fewer can occupy greater wealth and value. This high density makes ** a convenient way to store value, as it can be used to keep large amounts of wealth in a relatively small space.

    4. It is widely accepted in trading

    ** Easily recognized and traded in the global market, making it an acceptable international currency. Its appearance and weight can be easily inspected and evaluated, making it an easier commodity to assess its value.

    5. It has a long history

    ** Historically associated with power, wealth, and status. It was used as the currency of ancient civilizations such as Ancient Egypt, Ancient Rome, and is considered the cornerstone of modern civilization.

  10. Anonymous users2024-02-02

    Everyone agrees that this is the best interpretation of what wealth is! What is Wealth? The consensus of mankind is the wealth!! Only the consensus of mankind is the real wealth!!

  11. Anonymous users2024-02-01

    Because it can't be manufactured, synthesized, or chemically reacted

  12. Anonymous users2024-01-31

    Because ** is indeed very scarce, so everyone recognizes ** very much.

  13. Anonymous users2024-01-30

    The one who recognizes the ** conquers the one who does not recognize, it's as simple as that.

  14. Anonymous users2024-01-29

    I recognize that people are the ultimate source of wealth creation

  15. Anonymous users2024-01-28

    It may be because ** is an item that can be used as currency, because it is relatively hard and not easy to break.

  16. Anonymous users2024-01-27

    Because many people like this precious metal, that's it.

  17. Anonymous users2024-01-26

    The simplest truth is that scarce is expensive, and coins can be printed as much as you want, **Is it okay?

  18. Anonymous users2024-01-25

    Scarcity is expensive, **very rare, people subconsciously recognize**.

  19. Anonymous users2024-01-24

    For example, Yunnan people like it, and Guizhou people feel that it is worthless. Then Yunnan and Guizhou start to do business, of course Yunnan people will go to Guizhou to buy **, according to the principle of market economy, Guizhou's ** is getting more and more expensive, and the value of ** is reflected in Guizhou, so Guizhou people also feel that ** is a good thing. This can happen to shells, cloth, and even grains.

    In ancient China, there were also people who collected taxes and paid wages to cloth. But some other things will rot and deteriorate, and **, ** and copper will not. As a result, the things that represent value in modern times are slowly converging all over the world into **, ** and copper coins.

  20. Anonymous users2024-01-23

    This thing has its own value, just like a diamond.

  21. Anonymous users2024-01-22

    I think the renminbi has depreciated by now.

  22. Anonymous users2024-01-21

    Because ** is so beautiful, everyone loves this precious metal.

  23. Anonymous users2024-01-20

    Because ** is a physical commodity and currency, it has real credit support (labor value, undifferentiated human labor), and paper money is only supported by the credit of a certain country (if the country's credit collapses, paper money is worthless). And it will not be like paper money, indiscriminate, depreciated, inflationary, cross-border non-circulation, cross-dynastic non-circulation. It is not easy to be manipulated by a single country, the unit value is large, and it is easy to transport and preserve.

  24. Anonymous users2024-01-19

    I think so, rarity is precious, gold is a rare element, and its value is recognized all over the world.

  25. Anonymous users2024-01-18

    Economic civilization needs money, and the stable attributes of gold and silver are the most suitable for making money, but they are very scarce; At the same time, the use value of gold and silver is very extensive, rich dignitaries like to use gold to decorate their houses and supplies, the electronic properties of gold are also very good, if it is cheap, it will lead to a large number of use, in high-tech research and development, further lead to the scarcity of the amount will be more expensive.

  26. Anonymous users2024-01-17

    This is mainly because its number is relatively small, and it is not easy to damage.

  27. Anonymous users2024-01-16

    Because it shines everywhere!

  28. Anonymous users2024-01-15

    Because the stability of ** is relatively high, and the number is relatively fixed, all civilizations in the world are recognized in the end**.

  29. Anonymous users2024-01-14

    **As a precious metal, its world reserves are fixed and will not be affected by inflation, relatively speaking, the value is placed there, so many people recognize the development of civilization in the end**.

  30. Anonymous users2024-01-13

    Because ** is a rare resource in the world, all currencies are exchanged according to the value of **, if you want to trade in the international community, you must recognize the value of **.

  31. Anonymous users2024-01-12

    People often say that it is called "troubled times are the most expensive". Judging from the current discovered civilizations, the only items that seem to be finally recognized are **and**, of which ** is much more precious than **. The main reason for this phenomenon is that the characteristics of ** are in line with people's ideas.

    Moreover, some large countries in the early days customized **and**of** to control the global economy. This is a direct result of the fact that it is now believed that monopolies are equivalent to controlling the global economy.

    1. The problem of ** Now we see the most valuable jewelry, it should be diamonds. In fact, the ** of diamonds is all artificially fried. With the diamond mines that humans have dug up now, even a small diamond in each person's hands is not a big problem.

    Diamonds, which seem to be the most expensive, are completely crushed in terms of cargo economy. This question is not a conjecture, but a reality. Now there are many pawn shops in society, you just need to go inside and ask, you can know that ** is much better than diamonds.

    The same ** and diamonds, pawn shops are absolutely reluctant to ask for diamonds, and ** is much lower than **.

    2. The biggest feature of ** is its color and no rust. Yellow was considered a symbol of imperial power in ancient times, and only noble people were eligible to use it. And the emperor's dragon robes are almost all golden.

    ** Just in line with this characteristic, its color has become one of its high value characteristics. Another point is that it does not rust and has a good reflective effect, which is similar to the sun. No matter what civilization it is, it is very admiring the existence of the sun in ancient times, and the characteristics of ** are similar to the sun, so its status is getting higher and higher.

    3. In addition to the characteristics of the human cause, human causes are also very important. Britain is known as the empire on which the sun never sets, and it became a global hegemon through the Industrial Revolution in the early days. At that time, they formulated a deformed **** price comparison and attracted the world's ** reserves to the UK.

    Then it began to artificially speculate, realized the monopoly of the first and indirectly controlled the global economy. Then other countries began to control the global economy in a similar way.

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