Powell: “Rapid changes are taking place in the global monetary system that may affect the international role of the dollar”
(theconservativetreehouse.com)
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You’re assuming people still see value in gold following the end of the paper money. You named ways it can be used and it’s durability but no reason for why it would retain value to the people. If the dollar collapses (likely the world collapses as well) so what banks will be there to hold the gold? Farmers are going to just take on massive amounts of gold for their food? They can’t turn it into anything so they will just keep massive reserves? We’ve seen currencies collapse before, how much golf was traded by the people during those times?
Mini smelters for everyone! 😂