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A [[monetary system]] in which [[currency|currencies]] are defined in terms of a given weight of gold. According to [[Keynesian economics]] a gold standard combined with a trade surplus leads to deflation.
A [[monetary system]] in which [[currency|currencies]] are defined in terms of a given weight of gold. According to [[Keynesian economics]] a gold standard combined with a trade surplus leads to deflation.
== See also ==
*[[Capital]]
*[[Capitalism]]
==Sources==
==Sources==