Rachel Zellie, Chapter 11, Question #6

I have never understood why there are so many different currencies in this world. I also have never understood how the dollar can be "strong" in comparison to the peso and vice versa. This chapter was overall interesting because it started to clarify why there isn't on set currency for the entire world. Chapter 11 also helped me to understand why when exchanging dollars for pounds one dollar may equal four pounds. I also very much enjoyed the section that discussed the gold standard because I remeber learning about it last year during APUSH, but after hearing it alluded to many times throughout this semester I relaized that what the gold standard was and did may have slipped my mind. Overall two of my biggest questions regarding money, how one currency could be stronger than the other and what exactly the gold standard was, were answered through Wheelan's writing.