The U.S.government will probably return soon to a system of paper money backed by gold.

Name: The U.S.government will probably return soon to a system of paper money backed by gold.
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Quizplus · Accepted Answer

This statement is not true. The U.S. government currently operates on a system of fiat currency, meaning it is not backed by a physical commodity like gold. There are no current plans to return to a gold standard for currency.

The USGovernment Will Probably Return Soon to a System of Paper