the writing is Upside down and is different the all the other normal Gold Coins. Is their any price Indication?

I read somewhere that central bankers refuse to rely exclusively on gold, for gold imposes too many constraints on them.
Can someone explain to me how this is?
And while we’r still talking about gold, if, hypothetically speaking, we were using real gold and silver as currency, would we be in a financial crisis?
I’m writing a paper on Fiat Money and Gold Currency (not a Gold Standard but actual gold as currency) so i would welcome anyone with some knowledge on this subject to provide me with some insight.
Thanks!

Why has gold been considered so valuable since ancient times?
I’m aware that the fiat monetary system has replaced the gold standard, I was just curious to the underlying reason gold is considered valuable. You can’t eat it, you can’t keep yourself warm with it, you can’t really do much with it at all (it’s a conductor, but that hasn’t been needed until recently). Isn’t there a tangible reason beyond it’s beauty.

If we were to switch away from a fiat money, would it stop our money from inflating? Is inflation necessary to keep the economy going? If there is only a set amount of prescious metals on earth wouldn’t it cause our money supply to slowly deflate, as there would be the same amount of money (gold specie) chasing more and more goods? Wouldn’t this cause the economy to always lag? Would it be better to return to a gold standard, or remain with our constantly inflating fiat money? Aren’t fiat money and gold esentally the same thing, both are almost useless things that only have value because we believe they do (tinkerbell effect)? If we want monitary stability without pegging the dollar to gold couldn’t this be achieved by simply requiring a ballanced federal budget (so as to avoid inflation by the money multiplier effect), and not allowing the fed (or whoever would be in charge of printing money in such an example) to ever increase the amount of dollars printed? Thank you!

The US dollar has lost its value every day since 1971 when the Gold Standard was abolished. Right now Federal Reserve creates money out of thin air, loans to goverment, banks on interest. They tempt people to spend money that they do not have. In other words, people live beyond their means and they work their asses off to pay all the interests. They also pay taxes which the goverment uses to pay off its interest. The goverment pays about $600 Billion a year in interest. So this way wealth gets transfered from the middle class to the rich.

Will this change if US dollar is backed by Gold?

why does the value of money go up and gold slide when the economy now is spiraling downwards?

I’ve heard this saying before; what does it mean to base or judge money according to the gold standard?

I’d like some in-depth, unbiased information on this issue (especially all you econ majors out there).

The Federal Reserve can change the Money Supply whenever it wants to 100 years ago there was a Gold Standard— Money could only expend when more gold came into the country. What are the advantages or disatvantages of both polivies?

i was told that we can’t produce paper money unless we have gold in the reserve to back it up? Can anyone explain this whole process to me cause i dont understand.

What would Globalization and Trade look like if the world agreed to only use Gold as Money?