You said something like the reason of currencies being backed by gold is to avoid decisions of the country impacting people's wealth, which is not entirely correct. The reason for backing currencies by gold was, the people did not believe a piece of paper has value. Until ruling class said, you can go to bank anytime and exchange the paper for real gold. As paper money became common, there was no more need to store gold for this purpose. What you said was positive side effect.
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