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However, the cost of gold proceeded to go up beyond exactly what people money you will endure. Mint’s repaired price program in the a bill called the Coinage operate out of 1873 (and you can criticized by the American citizens because the Crime away from ’73). It eliminated the newest silver money of stream, even when gold coins worth below $1 nevertheless contains gold. As much as the brand new Egyptians loved silver, it never ever tried it as the a great bartering tool. Instead, really Egyptians put agricultural products like barley while the a good de-facto kind of currency.
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