Message from @Pinochet
Discord ID: 519979106356428820
so
dude
lots of currencies are backed by gold
none
are
loool
The chinese yuan is gold backed
the UAE's currency is gold backed
no it's not
China and russia are planning on making a single gold backed currency to be shared between the two
literally no currencys are backed by gold
the gold standard was lost ages ago
Lybia's currency is backed by gold
but its worthless due to war
No it's not
lol
dude
you do not understand economics
no offense
you wouldn't be making these claims
No countries backed by gold currency.
^^^
Another source
No country. Is on gold standard. Anywhere. In the world.
^^^^^
ty
Last country was Swiss Franc in 2000.
According to quora atleast.
A
We need the gold standard
Prevents massive borrowing and inflation
nope
thank you
Fiat currency is terrible
Return to the gold standard and abolish the fed
What if the nation's total wealth and gold supply do not grow at the exact same rate?
What if the US actually has the biggest stockpile of gold on the planet, and reverting to the gold standard gives them new and exciting ways to jew the economy like never before?