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DispatchFactbookEconomy

by The National Socialist Empire of Hadian. . 97 reads.

Monetary Policies

The Gold and Sliver standard is the monetary system in where the standard economic unit of account is based on the fixed weight of gold and sliver.

Hadian uses the gold and sliver bullion standard which is a system in which gold and sliver coins do not circulate, but the authorities agree to sell gold and/or sliver bullion on demand at a fixed price in exchange for circulating currency.

(ℛℳ) Reichsmark- Is the legal currency of Hadian; however, it is illegal for foreigners to use and posses the local currency. All foreigners visiting Hadian use Hard currency base on gold as well as all foreign nations trading with Hadian must use a gold base Hard currency.

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