How can you look at this story and think "damn this is good"

Because other countries store it with us

for safety

So it's a service

many banks and governments hold gold reserves as a wealth store

Yea and the service is already counted, the value is in the service

the value of THEIR gold

shouldn't be part of the export value

Yeah

because that's just completely false

Whereas export implies production of something

Ya

Interesting

the main takeaway is that it's secretive, so we don't really know

that's what he closed with

seems like there was also a spike in 2013

we exported $49.3bn

nearly all the gold we export seems to go to switzerland

Imports and exports, who cares?

Why don't we just exist in a holistic needs based system of intra and international cooperation

448tonnes went to switzerland... nearest to that is to Germany, 165tonnes

in 2018

I wonder if they are taking the value into consideration

So if a component passes through the UK, say a car part, and we make some minor change to it, is it one of our exports?

No because exports and imports are arbitrary constructions based upon antiquated economic theorirs

mate just called and apologised... seems a bit calmer

👍

In today's global economy imports and exports are simply ways of manipulating gdp

It has no relevance on the actualisation of personal economics

(unless in the long term using the hybek-oppmann model [which is largely considered defunct given the interdiction of the internet])

In 30 years we will no longer use the terms import and export

As trade will be between international entities which supercede national boundaries

And individuals will belong to these corporations

I'll take it over communism or the caliphate

This is like drawing teeth...
https://youtu.be/6Jm7vSLG2lA

We must reject the neo-imperialism of big corporations and harness the good works they have done with international co sovereignty in order to change the paradigm of resource exchange and address historical inequalities

https://gyazo.com/cb30b7be95cf972a5fc5cb34453e1227

https://www.mirror.co.uk/news/uk-news/viewers-slam-universal-credit-systematic-21479609

giving people free money in a different way is genocide ... thats a new one

the mirror is a rag

its probably fascism too