Hugh Naylor
@hughnaylor
If the US is to lessen global reliance on its debt and debase the dollar so as to stimulate domestic industry, now would seem to be a good time revalue all that gold at Fort Knox
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antaur
@antaur.eth
would the value of gold go up or down in this scenario? I always get this wrong (even though I do get most things economically at a high level and think that what is emerging is not just terrifying but also fascinating as you can see bigger systemic wheel in motion that only move once every decade or even century
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Jason
@jachian
All you had to hear was debase the dollar. As long as the obvious move isn’t to just invest in foreign bonds (usually isn’t)
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