The international monetary system has come a long way over the last 200 years. It's experienced a pretty tumultuous history along the way, including the rise of central banks, world wars, and ad-hoc exchange rate mechanisms that have all shaped the system we have today.
GoldMoney put together an excellent infographic detailing the changes over the years:
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ALSO: Deutsche Bank: QE3 Could 'Do More Harm Than Good For Gold Prices'
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Image may be NSFW.Clik here to view.
Image may be NSFW.
Clik here to view.
Image may be NSFW.Clik here to view.
Image may be NSFW.
Clik here to view.
Image may be NSFW.
Clik here to view.
Clik here to view.
