The Fed Explains Good Versus Bad Standards
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- The Fed Explains Good Versus Bad Standards
- Reserve Bank
Standardized measurements help us communicate about things that need to be exact, such as time and distance. The latest in the Atlanta Fed's animated video series highlights the importance of consistent standards and explains how the Fed keeps our standard measure of value—the U.S. dollar—stable.
|money standard of value unit of account measure of value standardized measurements U.S. dollar price stability gold standard price level|